Ali Martinez, a cryptocurrency analyst and trader, recently stated that the current price fluctuations in Bitcoin (BTC) are merely "noise." Martinez pointed out a bullish cup-and-handle pattern on the weekly chart of BTC/USD. According to him, if this pattern plays out, Bitcoin could surge to long-term targets ranging from $194,000 to $352,000. Martinez's analysis suggests that despite the recent marketæłąćŠš, he remains optimistic about Bitcoin's long-term prospects. The cup-and-handle pattern is a bullish reversal pattern that indicates a potential breakout and a sustained uptrend. If Bitcoin can break above the resistance level at $25,200, it could potentially reach the first target of $194,000. A further breakout above this level could lead to the second target of $352,000. It is important to note that cryptocurrency markets are highly volatile, and any predictions should be taken with a grain of salt. However, Martinez's analysis provides a potential roadmap for Bitcoin's price movements in the coming months.