In a rare alignment among major asset classes, BTC, gold, and the S&P 500 are displaying one of the most bullish technical patterns in financial markets: the 'Cup and Handle' pattern. According to the latest analysis from Bitcoinsensus, this formation — widely known for signaling an explosive continuation to the upside — has already proven successful in gold and the S&P 500. Now, all eyes are on Bitcoin.
This pattern typically forms after a long phase of consolidation (the 'cup'), followed by a brief decline (the 'handle'), before triggering a breakout rally. Gold and the S&P 500 have already broken their respective handles and reached their technical targets.
Gold reached its projected target near $2,965, confirming a clear breakout. The S&P 500 also reached its optimistic projection after forming a 'cup and handle' pattern over the past two years.
Bitcoin: Ready for a Breakout
Bitcoin is now at a critical stage. The chart shows that it has just completed the handle phase and is beginning to break out of the pattern. If the formation continues to mirror that of gold and the S&P, Bitcoin could be on a trajectory towards the $200,000 mark.
The current price action suggests an early confirmation, and a sustained breakout above the handle's resistance line could fully validate the setup.
Why this alignment is important
When three major asset classes in different sectors — precious metals, stocks, and cryptocurrencies — display the same powerful continuation pattern, it signals more than mere coincidence. Historically, this synchronicity often precedes significant macroeconomic shifts or liquidity expansions.
As Bitcoinsensus notes: "When three major asset classes show the same pattern, across different time frames, history tends to rhyme."
Conclusion
The next movement of Bitcoin may define the direction for the rest of 2025. With gold and the S&P 500 already reaching their technical targets, Bitcoin may be the last domino to fall in what could become one of the most notable 'cup and handle' breakouts in market history.