#BTCOutlook Bitcoin (BTC) has recently exhibited several bullish patterns, indicating potential upward movement.

One notable pattern is the cup and handle, which suggests a continuation of the long-term uptrend. This formation indicates a potential target range between $194,000 and $352,000 if the pattern completes successfully.

Another pattern observed is the rising wedge, typically signaling a potential correction. However, in Bitcoin's case, it has been associated with continued upward momentum, with prices peaking at $106,554.

Additionally, the descending broadening triangle has been identified, which, upon a bullish breakout, could lead to significant price increases. Historically, similar patterns have preceded substantial rallies in Bitcoin's price.

These patterns, along with favorable market conditions, suggest that Bitcoin may continue its bullish trajectory in the near future.