The analysis discusses Bitcoin's market cap and the altcoin market. Bitcoin broke downwards from a 22-day uptrend originating in early September after a rejection from a key resistance level. The mid-level horizontal consolidation around 117,500 to 118,000. A breakdown of the RSI signifies a negative momentum shift. Buyers will need to regain control. Total cryptocurrency altcoin market cap also closed weekly, rejecting major historical high resistance. Also, DXY has bounced, expecting interest rate reductions with the market pricing it in.