$BTC The chart illustrates a classic cup and handle pattern for Bitcoin, suggesting a bullish trend. The cup is formed by a rounded bottom, indicating a period of consolidation, while the handle appears as a slight pullback before the breakout. The price recently surged past resistance levels, creating a sharp upward spike. Key support levels are marked, with the next target set at the 120k level. The highlighted “worst case” scenario suggests potential price retracement, emphasizing the importance of monitoring support zones. Overall, the chart reflects strong bullish sentiment, with indicators pointing to a significant upward movement in the near future.