Bitcoin’s Cup & Handle Playbook Points to Explosive Expansion

TL;DR Bitcoin’s cycle charts show cup & handle formations that historically triggered steep breakout ￰0￱ track support at $111K and $90K–$92K, with upside resistance mapped toward $123K. Recurring Cycle Patterns Crypto analyst Merlijn The Trader shared that Bitcoin’s chart is once again following a familiar ￰1￱ viewpoint highlights recurring cycle patterns that have characterized past market ￰2￱ earlier years, Bitcoin formed a rounding bottom during 2015–2017, an Adam & Eve pattern in 2018–2020, and a cup-and-handle formation in 2021–2024. Each setup ended with a steep expansion in ￰3￱ linked these expansions to the Relative Strength Index (RSI) crossing above 70, calling it the “ ignition switch. ” Merlijn wrote, BITCOIN’S PLAYBOOK NEVER CHANGES Rounding ￰4￱ & ￰5￱ & ￰6￱ cycle it ended the same way: ￰7￱ 70 is the ignition ￰8￱ flipped, Bitcoin doesn’t climb… it detonates.

DON’T GET SHAKEN OUT NOW! ￰9￱ — Merlijn The Trader (@MerlijnTrader) September 25, 2025 His chart indicates that the market may be in the middle of completing another cup-and-handle structure, with an expansion phase ￰10￱ Support and Resistance Analyst Michaël van de Poppe noted that BTC is holding near $111,600, where a red support block between $111,500–$112,000 has been tested several ￰11￱ pointed to resistance around $114,755 and $116,813, while a stronger supply zone remains at $118,000–$119,500. Clearing that level could lead to a move toward $123,288. Van de Poppe also mapped an accumulation range lower on the chart, between $100,740–$103,190, where volume previously ￰12￱ commented, Not much strength on $BTC either, after a strong day ￰13￱ to expect?

I would assume that we’ll be going to get some more downside and then we’re done for the current period, meaning that we’ll be in up-only ￰14￱ — Michaël van de Poppe (@CryptoMichNL) September 25, 2025 Long-Term Trendline Analyst Ted Pillows posted a weekly view that highlights Bitcoin’s long-term ascending ￰15￱ has acted as support since early 2023, with the market bouncing from it on multiple ￰16￱ called it “ the most important trendline for $BTC .” The trendline currently runs through the $90,000–$92,000 ￰17￱ analyst added that this range also matches an open CME gap, making it an area to ￰18￱ chart suggests that if the price drops by about 20%, it could retest this level before a larger rally.