Despite a sideways market trend, Bitcoin traders remain confident in the cryptocurrency’s future and its potential for further gains. The community currently exhibits bullish sentiment, anticipating a continuation of the bull market rather than a bearish decline. Many believe that Bitcoin is on the cusp of entering a new price discovery phase. Trader Alan Tardigrade identifies an ascending broadening wedge pattern as evidence of this trend, pointing to a historical success rate of 49%, 125%, and 68% for Bitcoin price increases since 2023. Another trader, Merlijn, observes that the current market displays characteristics of a classic bottom structure in the form of an inverted head and shoulders pattern, with an expected target price potentially reaching $140,000. #BTC