Bitcoin’s daily chart has been forming a bullish inverse head-and-shoulders pattern since its June low, according to Tech Charts market technical analyst Aksel Kibar. The pattern’s neckline resistance is near $66,600. A strong break above that level, followed by sustained trading above it and a move to support, would confirm the formation and produce a technical target of about $76,000, based on the distance between the head and neckline. Failure to clear the resistance could delay confirmation. The structure may strengthen expectations that Bitcoin’s decline from around $126,000 last October is forming a potential bottom.