Bitcoin is approaching a critical tipping point as two powerful bullish patterns, the Cup & Handle and the Inverse Head and Shoulders, align to signal a potential breakout storm. With momentum building and key resistance levels now within reach, the market is bracing for what could be a major explosive move.
BTC Climbs Above 93,160 As Cup & Handle Targets 104,000
Charting BTC on the 4-hour timeframe, analyst Kamile Uray revealed that the price is currently moving above the $93,160 level. Uray is closely monitoring the price, as a successful close above this level would confirm the breakout of a recently formed cup and handle pattern. According to this classic pattern, a confirmed breakout targets the $104,000 level.
If BTC reaches the $104,000 target without forming a wicking reversal, it would also decisively break the falling blue trendline. Breaking both this trendline and the pattern target would provide strong evidence for the continuation of the overall uptrend. The analyst highlighted that the next major resistances are located at the $98,200 and $107,500 levels. A break above $107,500 and the falling blue trend on the daily chart will serve as the ultimate sign that the long-term uptrend is fully resumed.
Uray suggests that retests after the breakout of the pink box ( the handle resistance area) can be evaluated as potential trade entries. The mandatory stop-loss for these trades should be placed at a daily close below the pink box, maintaining strict risk management.
Conversely, should the price fail to hold the pink box, the immediate support zone to watch is the $83,822 – $82,477 region below. A bearish scenario is confirmed by a daily close below $82,477, signaling a continuation of the downtrend. In this case, the market would likely seek the next support zone at $74,496 – $71,237, which represents the previous top broken in November 2024. If this zone holds, a major uptrend reversal could be expected again.
IH&S Pattern Confirms Reversal Momentum
According to a recent update by Crypto VIP Signal, Bitcoin’s recent price action has confirmed a significant bullish reversal. The asset has successfully surpassed the $87,500 mark and has also broken through the key level of $90,000. This upward movement confirms that the Inverse Head and Shoulders (IH&S) pattern has acted as expected, triggering a strong trend reversal signal.
The analyst noted that the current market structure appears strong because the price increase is being supported by healthy trading volume. With the reversal confirmed, Crypto VIP Signal noted that the next technical benchmark for the market is $95,000, and it will be interesting to see how the price behaves when it tests this resistance point.
Democratic lawmakers say agencies aren’t reinstating as many federal employees as they should be, as part of a recent spending deal that ended the longest government shutdown.
Employees who received reduction in force (RIF) notices before the government shutdown, but were on track to be officially separated from their agencies during the shutdown, say layoff protections included in the Nov. 12 continuing resolution mean they should get their jobs back.
Agencies, however, have followed a narrower interpretation, and have only reinstated federal employees who received RIF notices between Oct 1 and Nov. 12. Agencies told a federal court last week that they rescinded shutdown-era RIF notices for more than 3,600 employees.
The continuing resolution Congress passed on Nov. 12 states that “any reduction in force proposed, noticed, initiated, executed, implemented, or otherwise taken by an Executive Agency between October 1, 2025, and the date of enactment, shall have no force or effect.”
Sen. Tim Kaine (D-Va.) is leading the push for more RIF rescissions, along with several of his Democratic colleagues.
Kaine was one of eight Democratic senators who broke ranks to pass the stopgap spending bill, only after Republicans agreed to include language that would protect federal employees from layoffs at least through Jan. 30, 2026. Kaine and his colleagues backed standalone legislation during the shutdown that would have also barred the Trump administration from moving ahead with its most recent wave of mass layoffs.
Kaine, along with Sens. Ed Markey (D-Mass.), Jack Reed (D-R.I.), and Patty Murray (D-Wash.), told Small Business Agency Administrator Kelly Loeffler that the agency is “unlawfully pursuing reductions in force,” and that dozens of recently laid-off employees the agency hasn’t reinstated “have a right to continue their employment.”
Federal News Network first reported last week that SBA told 77 recently laid-off employees this week that they could get their jobs back, but rescinded that offer a day later. An SBA spokesperson said in a statement that the agency “has determined that the most recent continuing resolution signed into law does not apply to any RIFs executed by the SBA.”
The senators said the continuing resolution — particularly Section 120 of the stopgap bill — placed a moratorium on RIFs involving federal employees, and that the “moratorium is broad, clear and unequivocal.”
“Consequently, SBA is without authority to maintain any RIFs that occurred during the lapse in appropriations or to initiate or otherwise carry out any new or previously noticed RIFs,” the senators wrote in a Nov. 20 letter.
The senators are directing SBA to reinstate the SBA employees and “return them to working status with full back pay.” The letter gives SBA until this Friday to comply with their request and provide an update to their offices.
House Small Business Committee Ranking Member Nydia Velázquez (D-N.Y.) also sent a letter to SBA, expressing “serious concern” over the agency’s back-and-forth announcements about RIF rescissions.
Velázquez told Loeffler that “there was no justification for the change,” and that “you have deliberately sought to harm federal employees, who have dedicated their careers to helping entrepreneurs launch and grow their small businesses.”
“The erratic, cruel, and callous manner in which you handled this matter is unacceptable,” she wrote. “The law is clear, and SBA must restore these employees to their positions with back pay, effective immediately.”
Recently laid-off employees at the General Services Administration are calling on the agency to rescind their RIF notices, citing language in the recently passed continuing resolution. The American Foreign Service Association is urging the State Department to reverse RIF notices that went out this summer and took effect during the shutdown.
Recently RIF-ed Justice Department employees are also seeking reinstatement.
A former DOJ employee said about 30 recently laid-off staff from the agency’s Community Relations Service, Office for Access to Justice and the Organized Crime Drug Enforcement Task Forces are also seeking reinstatement. These are all offices DOJ is seeking to eliminate or consolidate, as part of its agency reorganization plans.
The recently separated employee, who worked for the Community Relations Service, said it’s clear lawmakers meant to cover as many federal employees as possible in the layoff protections.
The Justice Department declined to comment.
The former DOJ employee said several individuals seeking reinstatement have appealed to the Merit Systems Protection Board. The former employee, however, said some have not pursued an MSPB appeal because of the cost and the long wait to receive a ruling from the board.
Others are hopeful that a federal lawsuit in Boston challenging the DOJ’s reorganization plans could eventually lead to reinstatement. The lawsuit is challenging the department’s plans to eliminate the Community Relations Service.
On Monday, members of the Congressional Equality Caucus wrote that, without CRS, DOJ would be too understaffed to handle a rise in reported hate crimes in the U.S.
“With these changes, CRS would be unable to perform its statutorily required functions with just one staff member. The dismantling of CRS is not only unlawful, it is also particularly concerning given the rise in community unrest, where CRS’s peacebuilding and mediation services would play a vital role.”
Sen. Tim Kaine, D-Va., meets with reporters to discuss President Donald Trump's strategy on tariffs, at the Capitol in Washington, Tuesday, Oct. 28, 2025. (AP Photo/J. Scott Applewhite)
Hyphen AI, a new Seattle-based startup using generative AI to help developers deploy cloud applications, raised $5 million in a seed round led by Unlock Venture Partners.
The company’s product, Hyphen Deploy, aims to make cloud infrastructure setup as simple as describing what an app should do.
The product automates complex DevOps processes — replacing YAML files, Dockerfiles, and Terraform modules with natural language prompts and business rules. Developers can describe service goals such as latency, scale, or compliance, and the platform automatically generates production-ready cloud infrastructure across providers such as AWS, Google Cloud, Azure, and Cloudflare.
“Today infrastructure automation typically takes weeks to setup and configure and then monthly maintenance on those configurations — Deploy reduces it to minutes,” Jared Wray, CEO and founder at Hyphen AI, said in a statement.
Wray previously founded Tier 3, a Seattle-area enterprise cloud startup acquired by CenturyLink (now Lumen Technologies) in 2013. He spent two years as an exec at CenturyLink and was later CTO at streaming company iStreamPlanet and clean tech startup Palmetto.
Hyphen joins a growing number of startups using generative AI to automate infrastructure work, including fellow Seattle startup Pulumi.
Unlock Ventures partner Andy Liu, who is based in Seattle, said the market “desperately needs” a “truly developer-first operations platform.”
“Deploy returns software development to the promise of developers leading the way with no infrastructure overhead, just focus on code,” Liu said in a statement.
Wray declined to disclose the company’s revenue metrics. He said customers have been using the platform for the past five months. Hyphen employs 10 people, including Jim Newkirk, who is serving as a fractional COO and was also an exec at CenturyLink and Tier3.
Seattle-based venture capital firm Ascend also participated in the seed round.
Daniel Pizarro // What is the PNPT? The Practical Network Penetration Tester (PNPT), created by TCM Security (TCMS), is a 5-day ethical hacking certification exam that assesses a pentester’s ability […]
Login
