Technical analysis by weslad about Symbol BTC: Buy recommendation (10/29/2025)

Bitcoin is once again shaping a clean Inverse Head and Shoulders (ISHS) structure — a classical bullish reversal pattern. Price is currently trading within the Buy Back Zone, forming the right shoulder of the setup. As long as the structure holds above the setup invalidation zone, this pattern remains valid. All eyes are now on the $116K neckline, which represents the critical breakout level. A decisive close above this resistance should confirm the ISHS completion, unlocking a potential measured move target toward $130K. Until the neckline breaks, expect short-term fluctuations within the shoulder zone but structure wise, bulls still hold the advantage. What’s your take? Do you think BTC can clear $116K and reach $130K next? Share your thoughts and views in the comments below!The shakeout seems to be over now, the structure still looking very much same and likely for ISHS to cleanly play out.At same time this can also be ascending triangle structure. The target also pointing above $130kAll hope isn’t lost yet for the bulls. The wick from October 10th gave market makers plenty of room for manipulation and liquidity sweeps, but despite that, we still got a strong bullish close on the 8-hour timeframe and that’s hard to ignore. We may be preparing for another re-test towards $116k again.I still very much believe in this