I think that BTC can squeeze a bit more tomorrow, potentially reaching the 119.500-120.000 region.
This zone already looks good for a reversal, but I'm skeptical for the moment. This will also take the TMC a little over 4T and into the September highs.
There is another scenario where the Total Market Cap (TMC) can reach its highs, driven by altcoins that lag and need to catch up.
This scenario could happen without the need for BTC to go over 120k.
Let's see
I think that BTC can squeeze a bit more tomorrow, potentially reaching the 119.500-120.000 region.
This zone already looks good for a reversal, but I'm skeptical for the moment. This will also take the TMC a little over 4T and into the September highs.