Bitcoin Blasts Through Resistance as Market Structure Supports New Highs

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Bitcoin's breakout past $107K signals strong bullish continuation, supported by Fibonacci targets and robust institutional volume spikes.

BTC’s inverse head and shoulders pattern confirms bullish momentum, projecting a price climb toward the $144K level in coming sessions.

Bitcoin’s rally from $25K to over $142K builds on solid market structure with higher highs and accumulation phases fueling upside potential.

Bitcoin is in upward momentum, with technical signals pointing toward a possible surge to $135,000 in the coming weeks. According to Titan of Crypto, Bitcoin’s weekly reveals a market structure and Fibonacci-based targets, forming a reliable roadmap for the next bullish leg. Price action is approaching the first Fibonacci extension level around $107,698. With current prices hovering near $107,514, a breakout could trigger a rapid ascent.

Source: Titan of Crypto

The chart shows Bitcoin’s rally began in Q2 2024, starting around $25,000. From there, BTC met its first resistance near $50,000. That level quickly flipped into solid support, creating the foundation for a new bullish base. Bullish enthusiasm was confirmed when the initial breakout above $50,000 drew buying attention. Midway through 2024, prices stabilized between $50,000 to $75,000, bolstering the market's structure. Bitcoin eventually made its second breakout by smashing through the $75,000 barrier level.

Additionally, volume spikes during breakout points confirm institutional involvement. The consolidation and retest phases offered ideal accumulation opportunities. Bitcoin now eyes the next major Fibonacci target at $135,003. This projection aligns with a 100% extension from the previous price swing. Hence, current market structure—with its series of higher highs and higher lows—supports the continuation.

Inverse Head and Shoulders Confirms Breakout

Besides Fibonacci analysis, bullish confirmation also comes from a long-term inverse head and shoulders pattern. Javon Marks highlights this pattern on the daily chart, developing from October 2024 through August 2025. Bitcoin formed the left shoulder near $60,000, then dipped again to similar levels to create the head. The right shoulder completed in June 2025 after a bounce off $90,000.

Source: Javon Marks

The neckline, positioned between $107,000 and $110,000, has now been decisively broken. Consequently, Bitcoin could surge above $142,000 after a breakout. The pattern's projected target extends to $144,000 based on height measurements. Moreover, breakout volume surged sharply, validating the bullish formation.

The post Bitcoin Blasts Through Resistance as Market Structure Supports New Highs appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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