The crypto strategist known as Pentoshi believes that Bitcoin and altcoins are set to experience a bounce higher this week. He points to the bullish signal on the weekly chart of the OTHERS, which tracks the total market cap of cryptocurrencies excluding the top 10 digital assets and stablecoins. Pentoshi suggests that the OTHERS chart could rally and potentially turn the $281 billion resistance level into support. He also mentions that Bitcoin looks strong despite bearish news and predicts that the total market cap of crypto may reach $4.42 trillion in the first quarter of 2022. At the time of writing, the total market cap is $3.134 trillion.
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