The analysis predicts a bullish trend for BTCUSD based on an inverse head and shoulders pattern. The current price is around 115352.73, targeting approximately 148470, with a failure price identified at 101514. Key observations include the formation of a left shoulder around January, a head in March/April, and a right shoulder in June 2024. The analysis suggests a backtest to the neckline around the beginning of September, before a continuation upwards towards the stated target. Alternate scenario points to ABC correction with C wave completing. Higher highs and higher lows noted since August 31st, with potential for a final correction. 4H close above 117566 needed.