Popular market analyst and key opinion leader (KOL) Ted Pillows is projecting the crypto market to hit a $4.5 trillion valuation before Q3 2025 ends. This interestingly bullish forecast comes off the back of another Bitcoin price rejection allowing the total crypto market cap to maintain the choppy price movement seen in the last month. Related Reading: Bitcoin Near Historic Weekly Close Despite Drop – Analyst Warns Of Volatile Weekend Rally Ahead? Crypto Market Tests $3.5T Barrier In an X post on July 4, Pillows shares an insightful technical analysis on the total crypto market cap. Using the daily CryptoCap chart from Tradingview, the renowned analyst highlights the recent formation of a bull flag hinting at an impending price breakout. For context, the bull flag is a classic bullish continuation pattern. It starts with the formation of a flagpole i.e. a strong upward price movement, as seen between early April to late May when Bitcoin reached a new all-time high. This structure is followed by the “flag,” i.e., a descending price channel that reflects a period of consolidation. This market action is seen from late May to the present, as the crypto market cap entered a temporary pullback phase. Pillows’ analysis shows a complete bull flag formation. However, the crypto market cap must achieve a decisive price close above the $3.5 trillion mark which represents the upper boundary of the flag to confirm a price breakout. If this bullish scenario occurs, Ted Pillows predicts the crypto total market cap to surge to around $4.3 trillion – $4.5 trillion in Q3 2025. Considering its market dominance levels of 62.77%, Bitcoin’s market cap could also rise to around $2.82 trillion in such bullish conditions providing a market price of $141,800 per unit. However, it’s worth noting that the occurrence of an altseason amidst this crypto price surge could alter the projected market status for the premier cryptocurrency. Related Reading: Ethereum Approaches Wyckoff ‘Liftoff’ Phase – Can ETH Reach A New High? Crypto Market Overview According to data from Coingecko, the total cryptocurrency cap is presently valued at $3.39 trillion following a 5.21% decline in the past day in line with the negative price changes with the Bitcoin market. However, the ongoing crypto bull run has delivered an impressive 51.24% gain over the past year. The market leader, Bitcoin, is presently valued at $108,118 reflecting a 1.46% loss in the last 24 hours as previously stated. The maiden cryptocurrency is also witnessing a 14.40% fall in daily trading volume indicating crash in transactions and market activity. Featured image from Toptal, chart from Tradingview