Bitcoin ($BTC) is currently experiencing a period of consolidation below its all-time highs, as noted by various analysts over the weekend. Observations indicate that the cryptocurrency is forming a bullish triangle or pennant pattern, suggesting potential upward momentum. Despite this, there are concerns among traders about the volatility typically associated with weekends, with some expressing apprehension about price fluctuations before traditional financial markets resume on Monday. Overall, the sentiment remains cautiously optimistic as Bitcoin tests support levels following a recovery.