• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Crypto Analyst il Capo Shares Weekend Predictions: What to Expect from Bitcoin and Altcoins

user avatar

by Giorgi Kostiuk

a year ago


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.

The analyst, who was once extremely bearish, recently gave up on the idea that the BTC price would drop to $15,000.None

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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Three Reasons Why RLUSD Cannot Replace XRP, According to Shah

chest

Three reasons why RLUSD cannot serve as a universal routing asset like XRP, according to Sagar Shah.

user avatarEmily Carter

Shah Explains the Distinction Between RLUSD and XRP Using a Playground Analogy

chest

Shah uses a playground trading analogy to illustrate the different roles of RLUSD and XRP in facilitating trades.

user avatarLucas Weissmann

Evernorth's Sagar Shah Clarifies Roles of RLUSD and XRP

chest

Sagar Shah, Chief Business Officer of Evernorth, clarifies that RLUSD is a digital dollar while XRP serves as a neutral routing asset for cross-asset settlement.

user avatarFilippo Romano

Hyperliquid Overtakes Solana in Market Valuation

chest

Hyperliquid has recently surpassed Solana in fully diluted valuation, highlighting the rise of revenue-generating chains in the cryptocurrency market.

user avatarTomas Novak

Qivalis Consortium Secures Support for Europe-Pegged Stablecoin Initiative

chest

The Qivalis consortium has secured support from 37 European banks for a Europe-pegged stablecoin initiative to enhance the competitiveness of Europe's digital assets market.

user avatarKaterina Papadopoulou

European Commission Initiates Consultation on Crypto Regulation

chest

The European Commission has launched a consultation to review the EU's regulatory framework on crypto assets, known as the Markets in CryptoAssets Regulation (MiCA), to gather feedback from stakeholders and the public.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.