Cup-And-Handle Pattern Signals Imminent Altseason Breakout, Analyst Says
Dutch crypto analyst Gert Van Lagen identifies a fully formed cup-and-handle pattern on altcoin bi-weekly charts, signaling potential explosive growth. The technical formation—a U-shaped recovery from 2022 to mid-2024 followed by consolidation—typically precedes major bullish continuations.
Van Lagen projects the altcoin market could reach a $5.4 trillion valuation during the anticipated altseason. The pattern suggests accumulation has occurred during the cup phase, with the handle representing final consolidation before breakout. Such formations historically precede extended rallies across secondary crypto assets.