Altcoin Market Signaling Potential Bullish Run to $1 Trillion

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Total Alt Coins Market Cap analysis update

After a significant upward movement in the market cap, consolidation within a descending channel or flag suggests a period of profit-taking and market indecision, though the overall structure remains bullish. The market is approaching the upper resistance of the flag, signaling the potential for a breakout. Once the breakout is confirmed, a bullish move can be expected. Based on historical price action and technical patterns, the next major target post-breakout could be around $1 trillion before end of 2024.

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Alt season started, Price broke flag pattern

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Altcoin Market hit $970 Billion