Elliott Wave Theory Predicts $9 Trillion Crypto Market Cap by 2025 Amid Extended Cycle

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Elliott Wave Theory Predicts $9 Trillion Crypto Market Cap by 2025 Amid Extended Cycle

  • A crypto bull run is now expected in mid-2025, with Bitcoin leading while most altcoins lag behind in the extended market cycle.
  • Elliott Wave Theory suggests a $9T market cap peak by 2025, driven by impulsive wave trends and Fibonacci support levels.
  • Altcoins may see a mini rally soon, but analysts warn of a potential crash, with Bitcoin retracing to $52K amid market volatility.

The shift in the Bitcoin industry has left many altcoin enthusiasts unhappy. Analysts have noted that the typical four-year cycle of the market has been abnormally prolonged. The current cycle now lasts five years, according to technical analysis, delaying the expected main bull run until mid-2025. The majority of altcoins and ISO coins have performed poorly in comparison to past cycles, while Bitcoin and meme coins are leading the current rise.

Elliott Wave Theory supports the current analysis of the cryptocurrency market cap, excluding the top 10 coins. The 2017 bull run, culminating in early 2018, marked the completion of an impulsive wave. Following this, the market entered a corrective ABC phase that concluded in early 2019.

By late 2022, a new recovery phase emerged, driven by an impulsive wave (1). This was followed by a minor correction, wave (2). Analysts forecast wave (5) to peak by 2025. This projection aligns with historical resistance levels and suggests a market cap nearing $9 trillion.

Source: CaptToblerone

Key support and resistance zones, defined by trend channels, are reinforced by Fibonacci retracement levels and exponential moving averages. These indicators suggest the market’s current upward trajectory remains intact. Besides, volume indicators point to heightened participation during market peaks and corrections.

Mid-Term Expectations and Potential Setbacks

The forecast projects a mini bull run in altcoins before the market cap of $OTHERS peaks at $700 billion. However, this could be followed by a market-wide crash. Bitcoin might retrace to $52,000, while $OTHERS could dip to $130 billion. These fluctuations highlight the volatility characteristic of crypto markets.

Moreover, the projected crash could align with macroeconomic factors, including stock market corrections. Consequently, traders should remain cautious and employ risk management strategies. Additionally, increased volatility during key transitions could create opportunities for short-term trades.

The post Elliott Wave Theory Predicts $9 Trillion Crypto Market Cap by 2025 Amid Extended Cycle appeared first on Cryptonewsland.

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