TLDR:
Crypto trader Capo has warned of a potential bearish reversal for Bitcoin (BTC) in the coming days, predicting a drop to as low as $30,000. Capo suggests that BTC may experience a final pump to $50,000 before entering a period of sideways movement, during which altcoins could see increased momentum. However, Capo anticipates a subsequent market reversal and dump, with Bitcoin potentially dropping to the $30,000 to $31,000 range. Capo’s previous predictions have been praised for their accuracy.
Renowned crypto bear and trader Capo has issued a warning that Bitcoin (BTC) could experience a bearish reversal in the near future, with the price potentially dropping to as low as $30,000. Capo, known for accurate market analyses, believes that BTC may see a final pump to $50,000 before entering a period of sideways movement. During this time, altcoins could see increased momentum as funds flow into lower-cap assets. However, Capo predicts a subsequent market reversal and dump, with Bitcoin potentially dropping to the $30,000 to $31,000 range. Capo’s previous predictions have gained attention for their accuracy, and investors and enthusiasts are closely watching this latest warning.
