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

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

HTX Strengthens Global Compliance and Showcases at TOKEN2049

HTX has made significant strides in global compliance initiatives while participating in TOKEN2049, a major event in the crypto industry held in Singapore.

user avatarDiego Alvarez

SEC Files Charges Against Richard Heart for Fraud

The SEC charged Richard Heart and his entities with conducting unregistered offerings of crypto asset securities.

user avatarMaria Fernandez

HTX Marks 13th Anniversary with Major Celebrations and Trading Events

HTX celebrated its 13th anniversary with major events, including the Anniversary Carnival and Trading Championship 3, highlighting its resilience in the crypto market.

user avatarKenji Takahashi

Richard Heart Arrested in Istanbul on Interpol Charges

Richard Heart, founder of Hex cryptocurrency, was detained in Istanbul under an Interpol Red Notice for aggravated tax fraud.

user avatarGustavo Mendoza

MediaMarkt Saturn Ceases Sales of Ledger Devices Amid Security Concerns

MediaMarkt Saturn has stopped selling Ledger devices due to security concerns following a customer report of a hidden implant.

user avatarRajesh Kumar

Binance Expands into Traditional Finance as Mining Pool Closes

As Binance prepares to shut down its mining pool, the exchange is expanding into traditional finance by providing access to over 7,000 US stocks and ETFs for customers outside the United States.

user avatarMiguel Rodriguez

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.