Ted Pillows, a prominent market analyst, predicts the crypto market will reach a $4.5 trillion valuation by the end of Q3 2025. This forecast is based on a technical analysis of the total crypto market cap, which has been experiencing choppy price movements in recent weeks. Pillows identifies a bull flag pattern on the daily CryptoCap chart, indicating a potential price breakout. The bull flag pattern consists of a strong upward price movement, followed by a descending price channel, which is currently being formed. For the breakout to occur, the crypto market cap needs to close above the $3.5 trillion mark, which represents the upper boundary of the flag. If this happens, Pillows predicts the crypto market cap will surge to $4.3 trillion to $4.5 trillion in Q3 2025. This would also lead to a significant increase in Bitcoin's market cap, potentially reaching $2.82 trillion, with a price of $141,800 per unit. However, the occurrence of an altseason could alter the projected market status for Bitcoin. Currently, the total cryptocurrency market cap is valued at $3.39 trillion, following a 5.21% decline in the past day. Despite this, the market has delivered an impressive 51.24% gain over the past year.
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