After almost hitting the all time high earlier in September, we saw a strong decline in market cap during September.
With bullish sentiment returning to the market, we might soon see the completion of a massive cup and handle pattern in the total market cap of crypto.
For October, my target lies at a 3T market cap, which is a mere +36% from the current value. In case we get a major parabolic move in the coming weeks, we could even get as far as 5T in November.
Generally, I'm very bullish on crypto for the coming months. Q4 is historically a very good period for crypto, so I'm expecting this cup and handle pattern to play out in the bulls' favor.
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