A Major Bullish Pattern Confirmed
Bitcoin may be entering its strongest technical phase in years as analysts identify a confirmed “cup and handle” formation on the weekly chart — a classic bullish continuation pattern that has historically preceded powerful upward moves.
This technical structure has been forming since late 2021 and now signals a potential long-term breakout, according to recent chart analysis.
Understanding the Cup and Handle Formation
The cup and handle pattern begins with a rounded bottom (“cup”), followed by a shorter pullback or sideways phase (“handle”). A breakout above the handle’s resistance often triggers a sharp rally, signaling bullish continuation.
Bitcoin’s “cup” spans from late 2021 to mid-2024, while the “handle” developed throughout late 2024 into early 2025.
Now, Bitcoin has broken above the handle’s neckline, suggesting that bullish momentum is accelerating — and that a new macro-level uptrend may be underway.
$320,000 Target: Pole Measurement Method
Using the pole measurement technique, analysts calculate the potential upside by measuring the depth of the cup and projecting that from the breakout point.
This gives a projected target of around $320,000 — a significant move that aligns with historical outcomes from similar setups.
If this technical breakout holds, Bitcoin could be on a trajectory toward its next major milestone in the coming months or years.
What Must Happen Next?
To validate this breakout, Bitcoin must maintain weekly closes above the breakout level — the top of the handle. A sustained rally above this line will confirm the pattern’s strength and likely attract more institutional interest and retail momentum.
A confirmed breakout may define the next major leg of the Bitcoin bull market.
Traders are advised to watch price stability, volume surges, and macro market sentiment, all of which will be critical to sustaining this bullish structure.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.