Bitcoin's price could see a bullish trend reversal if the inverse head and shoulders pattern is confirmed, says crypto analyst Matthew Hyland. This pattern signals that the previous downtrend is easing and buyers are becoming more dominant. If the pattern forms, Bitcoin's price could dip to $60,000 support levels before hitting new all-time highs. However, it's crucial that Bitcoin holds above its short-term holder price of $59,500 to maintain its bullish trend, warns crypto trader Willy Woo. Meanwhile, buyer interest in the crypto market is slowly increasing, according to the Fear and Greed Index.