BTC Continues to Lead!
Bitcoin is stabilizing at $107,000 after hitting an all-time high of $112,000. The technical outlook is still positive: a weekly close above $103,600 could target the $120K-$125K band.
🔻 In contrast, the altcoin market is still 30% off its 2021 peak. According to Daan, altcoins can only gain strength by overcoming the horizontal resistance in TOTAL market cap.
BTC is the clear market leader in this cycle.