[Analysis: BTC Descending Wedge Compression Awaits Breakout, Altcoin Market Cap Expansion Yet to Begin] BlockBeats News, September 19, analyst NoName pointed out that Bitcoin has formed a descending wedge within an upward trend, with its price gradually compressing between two downward trend lines. The key lies not in the pattern itself but in its position. If BTC breaks above the upper trend line and stabilizes, the next target area will be $84,000 to $90,000. Another scenario involves a downward sweep to $72,000 to $74,000 to capture liquidity, followed by the initiation of the next upward cycle. NoName advises against rushing to predict the direction and suggests observing which side BTC chooses before formulating a plan around that direction. The analyst also believes that the current total market cap of altcoins is only around $1.1 trillion, and true expansion has yet to begin. The next six months are expected to be full of surprises. If BTC breaks its historical high again, market attention may gradually shift to ETH, with funds rotating further—from ETH to mid- and small-cap altcoins and Meme tokens. This phase is typically when a frenzy occurs. In this scenario, the total crypto market cap could push toward $10 to $12 trillion. [Original Link]