Analyst Predicts Altseason with Cup-and-Handle Pattern Indicating Breakout
Analyst Gert Van Lagen predicts an upcoming altseason, suggesting that altcoins are poised for a market breakout. His analysis identifies a cup-and-handle bullish pattern on the altcoin market's bi-weekly chart.
Altcoin Market Valuation Forecast
- Current altcoin market cap stands at $813.18 billion.
- A breakout could lead to a total valuation of approximately $5.4 trillion by 2026, indicating a potential growth of 564%.
Factors Supporting Altseason
- Anticipation of multiple altcoin ETF approvals by the US SEC in Q3/Q4 2025, potentially increasing institutional investments.
- Expected Fed rate cuts and termination of quantitative tightening measures, likely creating a favorable environment for altcoins.
- Regulatory clarity expected by Q3/Q4 2025 may increase bank participation in the crypto market.
The total crypto market is currently valued at $2.94 trillion, with altcoins making up 36.1% of this figure.