Bitcoin’s Breakout Near $127K: Inverse Head and Shoulders & Positive Futures Sentiment

Recent Bitcoin price action displays a strong inverse head and shoulders pattern, with the asset currently trading near $115K following a confirmed breakout. Analysts point to the expanding DeFi market and rising institutional interest as key drivers behind this latest surge. The cryptocurrency’s price is consolidating between $112K and $124K while technical indicators suggest potential for further upward movement.