Renowned cryptocurrency analyst il Capo of Crypto shared his forecasts for the upcoming weekend regarding Bitcoin and other cryptocurrencies.
Possible Bitcoin Correction
According to the analyst, a short-lived correction in the Bitcoin price may occur over the weekend. il Capo suggests that the price could test the $99,000 to $101,000 range.
Altcoin Forecasts
Besides Bitcoin, the analyst also addressed altcoins. He predicted that some of them could experience a 5% to 10% decline, but a few could continue their ascent. il Capo's strategy in this case is 'hold and sell at the bottom.'
Ethena Remarks
Regarding Ethena (ENA), il Capo shared a chart stating that he expects a correction from the current price of $0.93 to $0.87, followed by a sharp rise to $1.33.
In summary, il Capo urges close attention to market movements in the coming days, noting the potential short-term correction and expectations for specific altcoins.