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Capo's Predictions: What's in Store for the Cryptocurrency Market in 2023?

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by Giorgi Kostiuk

3 days ago


The cryptocurrency community is abuzz with Capo's latest forecasts, known for accurate predictions, sparking both excitement and skepticism for 2023.

Capo's Key Insights

Capo gained recognition in 2022 for his sharp forecasts, though not without some missteps, highlighting the market's unpredictability. He warns of a potential bull trap in the BTC market despite its price recovery. Capo is uneasy about short-term price movements and expects a breakout above $89,000 for an upward trend.

NEAR Coin Prospects

Capo expresses optimism about NEAR Coin, targeting a price of $4.50. Despite BTC's decline, he believes this could pave the way for a resurgence. Challenges in Hyperliquid due to low liquidity lead to speculative trades.

HYPE Updates and Warnings

JellyJelly's situation has led to speculation, and platforms like Binance and OKX are considering listings. The JellyJelly team decided to delist perpetual contracts for JELLY. Capo updates his followers with a $10 projection for HYPE, hinting at potential losses ahead.

After gathering proof of suspicious market activities, the validator set voted to delist JELLY. All users outside marked addresses will be completely removed. This process will be automatic based on on-chain data. Methodology will be detailed in a later announcement.None

Traders and enthusiasts anticipate how Capo's forecasts will unfold as the market remains dynamic.

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