Crypto Analyst Predicts Record-Breaking Market Growth

Well-known crypto analyst and trader predicts significant growth in the cryptocurrency market, adding that the total market capitalization of cryptocurrencies may be about to break its last resistance level at $2.66 trillion.

Michael van de Poppe’s chart analysis shows that the market cap of the crypto sector (TOTAL) is in a steady uptrend at $2.48 trillion, marked by bullish “higher-lower” sentiment.

The total market capitalization of #Crypto is showing a massive, bullish chart.

Within 2-3 months from now we’re going to break through the all-time high and never come back again.

It’s going to be fun. pic.twitter.com/mJtE5eJi0x

— Michaël van de Poppe (@CryptoMichNL) July 27, 2024

He suggests that within two to three months, the market cap will surpass its all-time high, leading to unprecedented growth:

Within two to three months from now, we will break the all-time high and never go back. It will be fun.

The expert also analyzed the market capitalization of altcoins (TOTAL3), which excludes Bitcoin (BTC), Etherium (ETH) and stablecoins.

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Crypto Analyst Predicts Record-Breaking Market Growth

Van de Poppe pointed out that despite the recent 4% correction in the market capitalization of altcoins, the correction phase is coming to an end. He predicts a significant upside breakout once the $800 billion resistance zone is breached.

It was a harsh week for several #Altcoins, however, the #Altcoin market capitalization has seen a 4% correction.

The entire correction is over and this is just a build-up before the next big upward breakout above $800 billion takes place. pic.twitter.com/1ihutYDNoI

— Michaël van de Poppe (@CryptoMichNL) July 27, 2024

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.