{"id":67607,"date":"2026-01-14T02:31:34","date_gmt":"2026-01-14T02:31:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=67607"},"modified":"2026-01-14T02:31:34","modified_gmt":"2026-01-14T02:31:34","slug":"bitcoin-is-replicating-the-same-cup-and-handle-as-silver-to-lead-to-violent-repricing","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=67607","title":{"rendered":"Bitcoin Is Replicating The Same Cup And Handle As Silver To Lead To \u2018Violent Repricing\u2019"},"content":{"rendered":"<div>\n<p>A crypto analyst has just identified a distinct<a href=\"https:\/\/bitcoinist.com\/bitcoin-cup-and-handle-pattern-target-at-300000\/amp\/\"> Cup and Handle formation<\/a> on the Bitcoin price chart that closely mirrors the pattern Silver displayed just before its historic 2017 rally. At the time, the analyst said<a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-mirrors-silver-analyst-9-scenario\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\"> Silver\u2019s breakout<\/a> from this key structure had triggered a violent reprice as buyers flooded the market. With BTC now tracing a similar pattern, he suggests the leading cryptocurrency could soon break out of its Cup and Handle structure and experience an explosive move.<\/p>\n<h2>Bitcoin Mirrors Pre-Rally Silver Pattern From 2017<\/h2>\n<p>Since <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-2021-playbook-bull-cycle\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\">the 2021 bull cycle<\/a>, Bitcoin has been forming a Cup and Handle pattern that has extended into 2025 and now looks<a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/get-ready-xrp-price-explosion\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\"> ready to explode in 2026<\/a>. Crypto analyst Merlijn the Trader has shared a video chart analysis comparing Bitcoin\u2019s current pattern to the long-term Cup and Handle structure Silver formed before its legendary rally in 2017.\u00a0<\/p>\n<p>The analyst <a href=\"https:\/\/x.com\/MerlijnTrader\/status\/2010652980685701238\" rel=\"nofollow\">noted<\/a> that Silver spent nearly a decade building a broad base, which caused many investors to lose interest, before the<a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/gold-silver-break-out-while-bitcoin-chops-why-capital-is-flowing-into-precious-metals\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\"> price finally cleared the $54 level and surged higher<\/a>. 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.\u00a0\u00a0<\/p>\n<p>At the time, Silver\u2019s chart formed a<a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-forms-rounding-bottom-expert-sees-push-to-100k-next-week\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\"> rounded bottom<\/a> 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.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-657300\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/Bitcoin-silver.jpg?w=512&amp;resize=512%2C268\" alt=\"Bitcoin silver\" width=\"512\" height=\"268\"><\/p>\n<p>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<a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-bounce-bull-trap-2022-style-bear-flag\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\"> BTC price bottomed during the 2022 bear market<\/a> and has been steadily rising toward its previous highs, forming a rounded \u201ccup\u201d 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.\u00a0<\/p>\n<p>According to Merlijn the Trader, Bitcoin\u2019s pattern reflects<a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-price-hits-crash-line-but-this-time-is-not-random\/amp\/\" rel=\"nofollow noopener\" target=\"_blank\"> sellers\u2019 exhaustion<\/a> 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.\u00a0<\/p>\n<h2>Possible Target For BTC Repricing<\/h2>\n<p>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\u2019s 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%.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/42BF5UkY\/\" alt=\"Bitcoin price chart from Tradingview.com\" width=\"3286\" height=\"1794\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A crypto analyst has just identified a distinct Cup and Handle formation on the Bitcoin price chart that closely mirrors the pattern Silver displayed just before its historic 2017 rally. At the time, the analyst said Silver\u2019s breakout from this key structure had triggered a violent reprice as buyers flooded the market. With BTC now [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-67607","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67607"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67607\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}