Bitcoin Total Market Cap Update – Strategic Scenarios Ahead

As of May 8, 2025, the total cryptocurrency market capitalization stands at approximately \$3.012 trillion, reflecting a 2.17% increase from the previous day . Bitcoin's market cap is around \$1.962 trillion, with a current price of \$98,798.11 .

Given these figures, we are considering the following potential scenarios for the crypto market:
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1. Break Above \$3T and Hold ✅ (30% Probability)

* The market breaks through the \$3 trillion level.
* Retests it as support.
* Continues the bullish momentum from there.
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2. Rejection and Consolidation 🔁 (50% Probability)

* Price gets rejected at \$3T.
* Moves sideways between \$2.8T and \$3T.
* Eventually breaks out and retests \$3T as support before resuming upward.
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3. Bearish Turn Below \$2.8T 🔻 (20% Probability)

* Rejection at \$3T.
* Market loses \$2.8T support.
* Retests \$2.8T as resistance, followed by further downside pressure.
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Key Levels to Watch

* \$2.8T and \$3T are critical zones. Movements between these levels indicate uncertainty and should be approached with caution.

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Our Perspective

A retest of \$3T as support could present the strongest buying opportunity of this cycle. We urge everyone to stay alert, analyze carefully, and prepare accordingly.

Golden Cross is looming — remain focused and disciplined.

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With best regards,
Team ProCryptoEdge
Educate. Empower. Elevate.