Bitcoin shows inverted head and shoulders pattern, Quinten Francois notes

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Daria Chernytska

03.08.2026

Bitcoin shows inverted head and shoulders pattern, Quinten Francois notes — Bitcoin inverted head and shoulders pattern

Quinten Francois points to an inverted head and shoulders pattern developing on Bitcoin's chart.

He suggests this technical setup could signal a return to $73k for the cryptocurrency.

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Francois has previously observed that Bitcoin was trading near its 200-week moving average, realized price, and a past cycle peak—a pattern seen at earlier bear market lows (Bitcoin hovers at key market levels). He has also discussed expectations for the Federal Reserve to pause interest rate hikes at a recent FOMC meeting (Fed expected to pause interest rate hikes at FOMC meeting). These recent comments contribute to his ongoing analysis of key technical and macroeconomic factors facing Bitcoin.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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