According to Trader Tardigrade, Bitcoin's daily chart currently displays a Bull Pennant formation, a technical pattern often associated with bullish continuation, with a price target of $120,000 (source: @TATrader_Alan on Twitter, May 27, 2025). This chart pattern indicates strong upward momentum following recent consolidation, suggesting increased buying interest and the potential for a significant breakout. Traders should monitor volume spikes and key resistance levels for confirmation, as a breakout above the pennant could trigger rapid upward movement. This technical setup is attracting heightened attention from crypto traders seeking to capitalize on Bitcoin's ongoing rally.