• 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

Global Derivatives Compliance Crisis: A Costly Challenge for Financial Institutions

chest

The global derivatives market is facing a compliance crisis due to fragmented regulations post-2008 financial crisis, costing institutions 5-10% of their annual revenue.

user avatarNguyen Van Long

Google to Sell TPUs Externally, Expanding Revenue Opportunities

chest

Google is preparing to sell its 7th-generation TPUs to external companies, creating a new revenue pipeline.

user avatarSatoshi Nakamura

Taurus and Everstake Partner to Transform Institutional Staking

chest

Taurus and Everstake have formed a strategic partnership to integrate institutional staking for major cryptocurrencies directly into Taurus's custody solution.

user avatarJesper Sørensen

Elliott Wave Analysis Suggests Potential Bullish Breakout for Cardano ADA

chest

Analyst Mintern presents a bullish case for Cardano ADA based on Elliott Wave theory, indicating a possible breakout.

user avatarRajesh Kumar

Blockchain and AI Collaboration Sees New Milestone

chest

The collaboration between Walrus Protocol and Talus Labs marks a significant milestone in integrating AI with blockchain storage, expected to drive growth in the blockchain sector.

user avatarRajesh Kumar

JPMorgan Issues Warning on MicroStrategy's Potential Delisting

chest

JPMorgan has raised concerns about MicroStrategy's potential delisting from major equity indices due to a significant drop in institutional holdings.

user avatarLucas Weissmann

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.