According to Trader Tardigrade, Bitcoin is currently showing signs of forming an inverse Head & Shoulders pattern, a classic bullish technical setup that often precedes significant upward price movements. The analysis sets a potential target of $135,000 for BTC, highlighting a strong upside if the pattern completes as expected (source: Trader Tardigrade on Twitter, May 13, 2025). This technical formation is closely watched by crypto traders for its reliability in indicating major trend reversals and could drive increased buying pressure across the market.