Bitcoin’s Cup & Handle Pattern Mirrors Silver’s Historic Run—Get Ready for the ’Violent Repricing’
Bitcoin isn't just charting its own course—it's walking in the footsteps of a precious metal giant. The same cup and handle formation that catapulted silver into a historic bull run is now flashing across Bitcoin's charts. Analysts are pointing to the uncanny resemblance, suggesting the digital asset is gearing up for a momentum shift that could leave traditional portfolios in the dust.
The Anatomy of a Breakout
For the uninitiated, the cup and handle is a classic technical pattern signaling consolidation before a potential explosive move higher. It depicts a period of decline, a rounded bottom forming the 'cup,' followed by a smaller pullback—the 'handle'—before the anticipated breakout. Seeing this structure repeat, especially with an asset as volatile as Bitcoin, sets a compelling narrative for what's next.
Beyond the Lines on a Screen
This isn't just about pretty lines. The pattern's recurrence hints at deeper market mechanics at play—a combination of sustained accumulation, waning sell pressure, and a building wave of pent-up demand. When these forces align with a clear technical signal, the resulting move is rarely subtle. It's the market's way of compressing a spring.
A 'Violent' Repricing on the Horizon?
The term 'violent repricing' gets thrown around trading desks for a reason. It describes a rapid, often disorderly market move that revalues an asset to a fundamentally new level in a short timeframe. For Bitcoin, a successful breakout from this pattern could trigger exactly that—a cascade of buying as sidelined capital rushes in, chasing the momentum and validating the technical forecast. After all, in modern markets, a prophecy repeated by enough screens often becomes self-fulfilling—just ask any central banker trying to talk down a bubble they helped inflate.
The clock is ticking on the handle. The next major candle could be the one that kicks off the next leg. Whether it fulfills the bullish promise of its silver predecessor or becomes another footnote in crypto's volatile history remains the trillion-dollar question. Buckle up.
Bitcoin Mirrors Pre-Rally Silver Pattern From 2017
Since the 2021 bull cycle, bitcoin has been forming a Cup and Handle pattern that has extended into 2025 and now looks ready to explode in 2026. Crypto analyst Merlijn the Trader has shared a video chart analysis comparing Bitcoin’s current pattern to the long-term Cup and Handle structure Silver formed before its legendary rally in 2017.
The analyst noted that Silver spent nearly a decade building a broad base, which caused many investors to lose interest, before the price finally cleared the $54 level and surged higher. Merlijn the Trader recalled a 2017 conversation in which someone predicted that Silver WOULD jump to $80, while he argued that a break above $54 would open the door to a move toward a lower target range of $70-$75.
At the time, Silver’s chart formed a rounded bottom between 2011 and 2023, with a flat resistance level NEAR its previous high. After breaking through that level, a handle formed, which quickly led to a violent repricing that pushed Silver beyond the range it had been stuck in for years.
Merlijn the Trader said Bitcoin is showing the same long base and slow climb that Silver had before its big move in 2017. On the chart, the BTC price bottomed during the 2022 bear market and has been steadily rising toward its previous highs, forming a rounded “cup” that matches the structure seen on the Silver. The chart also highlights a resistance zone around $70,000, where BTC was repeatedly rejected before finally breaking through. Once it cleared that level, the cryptocurrency formed a rising handle that resembles the final consolidation Silver made before its explosive move higher.
According to Merlijn the Trader, Bitcoin’s pattern reflects sellers’ exhaustion after a long period of sideways trading. He explained that once the last sellers in the market are gone, BTC is free to reprice just as dramatically as Silver did in 2017.
Possible Target For BTC Repricing
In classical technical analysis, traders often use the height of the cup in a Cup and Handle pattern to predict the breakout trajectory of a coin. For BTC, this suggests a potential repricing target of $120,000-$140,000 if the handle resolves like Silver’s did in 2017. At the time of writing, the cryptocurrency is trading near $92,000, so reaching that range would require a gain of more than 30%.
