Bitcoin has climbed to around $35,000 while the total crypto market cap has broken through historical resistance at $1.2 to $1.25 trillion. The real question is whether these levels hold, which would signal genuine strength in the market.
BTC, this is the 12-hour chart. What we just did going to $35K was very nice. The whole key is, are we going to retain above $30,000 or above $34,000? And so far, like, we've done pretty good. It makes me pretty happy that crypto is able to actually stay above $30,000. It's a very good sign. Now let's look at our favorite chart, crypto total market cap. Historically, where we should have stopped is $1.25 trillion slash $1.2 trillion, but we actually blasted through it And now the real test is if we can hold these market cap levels.
