Bitcoin Don Reach $124.5K Amid Rally Or Altcoin Pullback Debate
Bitcoin don jump reach record $124,500 for Coinbase, wey carry total crypto market cap go up to $4.26 trillion. Old strategist Samson Mow talk two possible roads: one be “Godzilla” rally fit make altcoins drop 30–40%, or one long altcoin season wey fit make Bitcoin small small pull back before e rise again. Bitcoin dominance don fall below 60%—classic sign say altcoin season dey. For past one month, Ethereum (ETH) don perform pass Bitcoin, e rise 58% compare to Bitcoin wey na 3.5%. Mow no gree with ETH valuation compared to Bitcoin market cap and e talk say correction fit happen. For DeFi matter, Apollo Capital guy Henrik Andersson talk say TVL dey grow and regulators dey support tokenized real-world assets, e mean ETH and DeFi tokens fit continue perform well. Nick Ruck from LVRG Research say as altcoin volumes dey rise, e fit make Bitcoin trade sideways for short term.
Bullish
Di record Bitcoin high and Mow dual rally scenarios dey show say strong bullish momentum dey for BTC. Even though potential altcoin surge fit bring short-term volatility or small pullback, Bitcoin breakout pass $124,500 and market cap wey pass $4 trillion dey confirm longer-term uptrend. Ethereum recent outperformance and DeFi TVL growth add more bullish catalysts, show say fresh capital dey flow enter both BTC and altcoins as market confidence get stronger.