🏆 Today's Chart of the Day was shared by @el_crypto_prof.
- Bitcoin could secure its first daily close above $125k today after emerging from a two-month consolidation phase last week. It’s risen for six consecutive days and eight of the past nine.
- Alt-Coins have finally joined Bitcoin at record levels, with $TOTAL3 surpassing its 2021 peak of $1.13 trillion last week. $TOTAL3 represents the entire crypto market cap, excluding Bitcoin and Ethereum.
- With $TOTAL3 completing a four-year Cup & Handle pattern, alt-coins have set the stage for a significant rally in the months ahead.
The Takeaway: Alt-Coins are finally along for the ride, with $TOTAL3 reclaiming its prior cycle highs and completing a multi-year accumulation pattern.
