A well-known cryptocurrency analyst under the nickname Capo regularly shares on his Twitter forecasts, regarding the behavior of the market and digital coins. For example, he announced the collapse of the crypto market this year and noted that BTC and ETH would reach lows.

The first suggestion about the fall in the value of Bitcoin was voiced before the collapse of the FTX exchange. At first, the analyst predicted a rate of $14,000, however, changed the value to $13,000 later. He does not exclude that BTC can reach the minimum levels at the end of this week.

At the time of writing, Bitcoin quotes are within $16,753.

Regarding the Ethereum coin, Capo believes that a decline to the level of $700-$750 may occur. At the time of writing, ETH is trading at $1,208.

Also, the expert predicts a fall in the price of Cardano (ADA), Litecoin (LTC) and Polkadot (DOT).