Altcoin Market Cap Mirrors Past Bull Cycle Patterns, Signals Upside Potential

• The altcoin market has formed a double-bottom structure with higher lows, consistent with previous pre-bull cycle accumulation patterns.
  
• Historical cycles in 2015, 2018, and 2022 each featured long accumulation phases that preceded large-scale rallies in total market capitalization.
  
• Current technical structures show rejection of new lows, ascending price movement, and compression under resistance—signals previously followed by strong breakouts.

The total altcoin market cap, excluding Bitcoin, is showing structural similarities to previous macro accumulation periods. Current patterns suggest the early stages of a potential market expansion.

Historical Chart Structures Mirror Past Cycles

Crypto market analyst @el_crypto_prof presented a biweekly chart of the ALTCOINMARKETCAP, comparing price behavior across three timeframes: 2015–2016, 2018–2019, and 2022–2023. The analysis identifies recurring technical structures, each marked by double bottom formations and a sequence of higher lows.

In 2015-2016 we saw a long extended sideways phase before the 2017 altcoin boom. In the same fashion, we saw a similar formation in 2018-2019 to set up the 2020-2021 rally. Now we have a nearly exact setup in 2022-2023, which implores the next cycle to emerge.

Each of these historical setups preceded a sustained bull run, as rising price floors created a firm foundation for broader market movements. This pattern consistency is central to the current analysis.

Technical Traits Underpinning Bullish Setup

The shared technical base across all three accumulation zones includes prolonged sideways movement, compression inside an ascending range, and rejection of new lows. These characteristics have historically provided strong support zones before sharp upward breakouts.

During each phase, prices established long-term support levels without breaching previous lows, demonstrating resilience. The current 2022–2023 structure follows the same path, with a strong base forming under resistance.

This technical framework has remained consistent across cycles, reinforcing the likelihood that the altcoin market may follow the previous trajectory. According to the chart, the gradual incline marked by higher lows is a recurring bullish signal.

Market Behavior Consistent With Previous Trends

The recent correction leading into the 2022–2023 structure mirrors earlier post-downtrend consolidations. These historical zones acted as launchpads for widespread growth in the altcoin sector.

Each cycle began with market exhaustion, followed by a clear recovery pattern. The chart shows similar momentum now building beneath the surface. A breakout from the current structure may initiate another broad upward movement in altcoins.

If the market continues this path, traders could be entering a familiar setup witnessed in both 2016 and 2020.