Is Bitcoin Preparing for a Strong Breakthrough? The 4-Year Extension Model Could Trigger a Crazy Price Rise

Bitcoin is showing signs of bouncing back above the $105,000 level, holding steady despite ongoing volatility and economic uncertainty. While buyers are struggling to break through the all-time high of $112,000, the market remains in a high-risk consolidation phase. Macroeconomic conditions remain unstable, with weak global growth forecasts and rising inflation pushing investors into riskier assets. However, Bitcoin appears to be thriving under these pressures, reinforcing its position as a hedge against traditional financial instability. Top analyst Carl Runefelt recently highlighted an intriguing technical development: Bitcoin is forming a large inverse head and shoulders pattern that has been developing over the past four years. This rare and long-term pattern often signals a bullish reversal, and if confirmed, it could mark the beginning of a strong breakout to explore prices. Runefelt notes that the neckline of this pattern aligns with the current resistance level just below $112,000, making the upcoming weeks crucial for the market's direction. As the cryptocurrency market absorbs geopolitical tensions, changes in central bank policies, and on-chain accumulation trends, the ability to maintain high levels of Bitcoin signals increasing confidence among investors. All eyes are now on whether BTC can complete this historical pattern and trigger the next bull run. Bitcoin is at an important crossroads. Bitcoin is trading at a crucial level that could determine the next major move of the market — breaking above a new all-time high or retreating to a lower demand zone. After rising more than 10% since last Sunday, bullish sentiment is rapidly increasing, but the price remains stuck in a narrow range between $100,000 and $110,000. Buyers are confident and in control of the momentum, but they have repeatedly failed to push BTC above the important resistance level of $110,000. At the same time, sellers have been unable to drive the price below the psychological support level of $100,000, signaling a balance and increasing pressure for a breakout. This deadlock has maintained high volatility, with macroeconomic instability and geopolitical instability adding fuel to the fire. However, the current market structure appears to be constructive for Bitcoin. If the buyers can finally overcome the $110,000 level and push the price into a discovery phase, this will confirm the strength behind this rally and could potentially ignite a new phase of exponential growth. Carl Runefelt believes that a major breakthrough may be imminent. His technical analysis indicates that a large inverse head and shoulders pattern has formed over the past four years — a rare and highly bullish setup. According to Runefelt, traders should "be ready for a crazy bullish run" if Bitcoin breaks the neckline near $112,000. Historically, this type of pattern precedes explosive bullish runs, and given the long-term nature of this pattern, the upside potential could be quite significant.

As long-term holders accumulate and market liquidity increases, the coming weeks may determine whether Bitcoin will solidify the breakout or revert to test deeper support levels. Either way, this moment is shaping up to be one of the most decisive in the current bull cycle. BTC price analysis: Key resistance levels Exploring price Bitcoin is currently trading at $107,144 on the daily chart, showing a modest increase but facing strong resistance as it approaches $109,300. The chart highlights the clearly defined horizontal structure between $103,600 and $109,300 — a range that Bitcoin has respected for nearly two months. The buyers still maintain control in the short term, having reclaimed all three major moving averages: 50-day SMA (105,800 ), 100-day (96,784 ), and 200-day (96,136 ).

The recent bounce from the support zone of 103,600 dollars is accompanied by increasing volume, indicating the potential for a momentum shift back to the upside. However, BTC has yet to convincingly close above 109,300 dollars, which continues to limit any attempts to explore higher prices. A breakout above this level could open the door to new all-time highs and trigger a continuation of strong upward movement. The downside is that failing to break the resistance level and dropping below $105,000 could bring back selling pressure and trigger a retest of the lower range. Currently, Bitcoin remains within the range with an upward trend, but buyers need to continue with strong volume and completely break above the $109,000 level to fully confirm the market's intent. Until then, caution is necessary as hesitation prevails near the major resistance level.