Altcoin Surge Ahead? BTC ATH, Key Charts Signal Next Rally
The post Altcoin Surge Ahead? BTC ATH, Key Charts Signal Next Rally appeared on BitcoinEthereumNews.com. Bitcoin (BTC) hits new ATH over $111K, pushing total crypto market cap to $3.51 trillion amid “Greed”. Total3 altcoin chart shows bullish MACD and RSI, eyeing breakout above $930B towards $1T target. Arthur Hayes and falling Bitcoin dominance suggest an altcoin season is imminent as BTC surges. As Bitcoin soars to a fresh all-time high of $111,861.22, the cryptocurrency market as a whole surged to a $3.51 trillion valuation–a 3.95% jump in the past 24 hours fueled by a mix of macro catalysts and a healthy dose of retail exuberance. With the closely watched Fear & Greed Index at 73 (“Greed”) and trading volumes skyrocketing over 53.66% to $191 billion, the spotlight now turns to altcoins. Total3 Chart Analysis: Altcoin Market Readies for Breakout The Total3 chart (total crypto market cap excluding BTC and ETH) is showing compelling bullish signals. The current market cap is at $916.89 billion and the MACD indicator shows a bullish crossover with strong histogram expansion–a classic signal of upward momentum. Meanwhile, the RSI is hovering above 63, indicating strength but not yet overbought, suggesting more room for a rally. Fibonacci Levels Key as Altcoins Approach $1 Trillion Target The Total3 chart’s trajectory has decisively broken above the 0.618 level at $898 billion and is now approaching the 0.786 Fibonacci level ($928.84 billion). A clean breakout above $930B would open the door toward the Fibonacci 1.618 target at $1.08 trillion. Additionally, the recent higher low formed at $785 billion aligns with a bullish continuation pattern. If sustained, this sets the stage for an altcoin-led breakout, especially if BTC dominance continues to slide. Market Sentiment and Fundamentals Arthur Hayes, co-founder of BitMEX, recently pointed out at Token2049 that the altseason could kick in after Bitcoin crosses $110,000–a level it now has clearly breached. According to Hayes, the…
The post Altcoin Surge Ahead? BTC ATH, Key Charts Signal Next Rally appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) hits new ATH over $111K, pushing total crypto market cap to $3.51 trillion amid “Greed”. Total3 altcoin chart shows bullish MACD and RSI, eyeing breakout above $930B towards $1T target. Arthur Hayes and falling Bitcoin dominance suggest an altcoin season is imminent as BTC surges. As Bitcoin soars to a fresh all-time high of $111,861.22, the cryptocurrency market as a whole surged to a $3.51 trillion valuation–a 3.95% jump in the past 24 hours fueled by a mix of macro catalysts and a healthy dose of retail exuberance. With the closely watched Fear & Greed Index at 73 (“Greed”) and trading volumes skyrocketing over 53.66% to $191 billion, the spotlight now turns to altcoins. Total3 Chart Analysis: Altcoin Market Readies for Breakout The Total3 chart (total crypto market cap excluding BTC and ETH) is showing compelling bullish signals. The current market cap is at $916.89 billion and the MACD indicator shows a bullish crossover with strong histogram expansion–a classic signal of upward momentum. Meanwhile, the RSI is hovering above 63, indicating strength but not yet overbought, suggesting more room for a rally. Fibonacci Levels Key as Altcoins Approach $1 Trillion Target The Total3 chart’s trajectory has decisively broken above the 0.618 level at $898 billion and is now approaching the 0.786 Fibonacci level ($928.84 billion). A clean breakout above $930B would open the door toward the Fibonacci 1.618 target at $1.08 trillion. Additionally, the recent higher low formed at $785 billion aligns with a bullish continuation pattern. If sustained, this sets the stage for an altcoin-led breakout, especially if BTC dominance continues to slide. Market Sentiment and Fundamentals Arthur Hayes, co-founder of BitMEX, recently pointed out at Token2049 that the altseason could kick in after Bitcoin crosses $110,000–a level it now has clearly breached. According to Hayes, the…
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