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<p>The post <a href="https://coinpedia.org/price-analysis/crypto-market-aiming-for-2-2-trillion-cap-this-bull-run/">Crypto Market Sets Sights On $2.2 Trillion Cap for the Next Bull Run</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The cryptocurrency world is at a pivotal moment, with key insights from expert Michael van de Poppe shedding light on the landscape’s current state. Drawing parallels to Bitcoin’s significant milestone at $38,000, van de Poppe believes that surpassing a $1.6 trillion market valuation could signal a positive shift.</p> 
<h2 class="wp-block-heading" id="h-the-1-6-trillion-challenge">The $1.6 Trillion Challenge</h2> 
<p>Reaching the $1.6 trillion mark in total cryptocurrency value is seen as a significant hurdle. Van de Poppe suggests that if the market crosses this threshold, it would indicate a return to its pre-“Terra Crash” levels. Such progress would not only be symbolic but could pave the way for further growth, targeting $1.85 trillion and eventually $2.2 trillion.</p> 
<p>Van de Poppe’s analysis indicates a steady climb in the market’s total value. Breaking past the $1.6 trillion barrier would not only mark an achievement but also set the stage for future goals, including the $1.85 trillion and $2.2 trillion benchmarks.</p> 
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   <p lang="en" dir="ltr">The total market capitalization for <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> faces the same hurdle as <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> did at $38K.<br><br>Breaking above $1.6T is breaking back in the area prior to the Luna Crash.<br><br>This would mean targets are $1.85T and $2.2T, which are inevitable. <br><br>Upwards trend is clear. <a href="https://t.co/ZaXf4AFPEe">pic.twitter.com/ZaXf4AFPEe</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1737438949336043921?ref_src=twsrc%5Etfw">December 20, 2023</a>
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<h2 class="wp-block-heading" id="h-beyond-the-barrier-what-comes-next"><strong>Beyond the Barrier: What Comes Next?</strong></h2> 
<p>In his chart, van de Poppe highlights a ‘question mark’ next to a Fibonacci retracement level. This suggests that the market is at a decision point, prompting a closer look at whether the current positive trend will continue or if there might be a shift in direction.</p> 
<p>While the market value is on the rise, the trading volume presents a more nuanced picture. Experts advise caution, noting that a significant increase in value without a corresponding rise in trading volume could warrant attention. Currently, the crypto market has seen a 0.3% increase over the last 24 hours.</p> 
<p>As the cryptocurrency landscape continues to evolve, these insights offer valuable perspectives for investors and enthusiasts alike.</p>

Crypto Market Sets Sights On $2.2 Trillion Cap for the Next Bull Run

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