Bitcoin Breaks Record: Targets $350,000 After Confirmation of Inverse Head and Shoulders Pattern

A classic inverse head and shoulders pattern on Bitcoin’s monthly chart suggests a potential price surge towards the $350,000 mark. This bullish reversal pattern, recognized by analysts like Trader Tardigrade, was validated by the recent breakout from neckline resistance, followed by a retest. The resulting move could signal a shift in market momentum for Bitcoin.