A closely tracked crypto strategist who accurately predicted Bitcoin fixes under $ 30,000 says it’s time for the BTC to collapse to the fresh lows of 2022.
Pseudonym analyst Capo told 425,900 Twitter followers that top crypto assets with a market capitalization of no more than the $ 20,000 key psychological price range are imminent for another sale event. It says that it is.
“It’s time … this is exactly what happened. Support for another bull trap, the Resistance Flip. Strong rejection and straight to new lows.”
According to Capo, Bitcoin is ready to fall below the annual minimum of about $ 17,600.
“BTC: A more accurate forecast roadmap for potential local bottom formations of around $ 16,000.”
Based on Capo’s chart, he expects Bitcoin to start a surge above $ 20,000 and temporarily fix less than $ 16,000 before regaining price levels as support.
Capo also adds that his expected BTC revision could result in a major devaluation of the altcoin market.
“We expect altcoin to fall 45-50% from current prices.”
“I had a bull nightmare, but soon a bear nightmare.”
Bitcoin At the time of writing, I changed my hand for $ 19,170.
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors need to do due diligence before making risky investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfer and transaction is your own responsibility and any loss you may incur is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets. Also, Daily Hodl is not an investment advisor. Please note that TheDailyHodl participates in affiliate marketing.
Featured images: Shutterstock / Swill Klitch / Sensvector