I found this easiest by setting up the
broad blunt arrow to quick select on the right dpad, with the bottle in your hand and looking straight up, save the game. When you throw the bottle into the air turn a little to the right,very slightly, while simultaneuosly pressing right on the dpad to draw out the broad blunt arrow and just barely draw the arrow and release. As previously stated it is trial and error which is my recommendation to save the game while looking up with the bottle in hand, I tried over and over just throwing and shooting but I was noticing my arrow was going left 95% of my shots. However if you turn slightly while drawing and pulling the bow, you should have a better chance of hitting the bottle. Do not change the angle in which you are looking just the angle to which you shoot the arrow. Good luck!
If you are still having trouble with the achievement you could always spend a couple focus points on the marksman ability as this will slow everything down around you while the bottle is in the air, although if you're going for the no focus play through this method would have to wait until the last chapter, but the achievement is extremely easy this way, just push Y, throw the bottle, and fire away. You should be able to fully draw the arrow and release it in time to hit the bottle, althoughI would still recommend using the blunt arrow for the surface area factor. All credit for this method goes to DeutschZuid.