• 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

Tether Collaborates with Drift Protocol for User Recovery

chest

Tether announced a strategic collaboration with Drift Protocol to support user recovery and relaunch the platform.

user avatarLuis Flores

XRP Price Rebound and Resistance Points.

chest

XRP price shows signs of recovery, aiming for resistance levels while facing potential declines.

user avatarArif Mukhtar

Over 300,000 Bitcoin Shifted to Long-Term Holder Wallets

chest

In the past 30 days, over 300,000 Bitcoin have moved into long-term holder wallets, indicating growing confidence among serious investors.

user avatarDavid Robinson

Retail Traders Yet to Return in Force

chest

Retail participation in the crypto market has not returned to previous cycle volumes, impacting the Fear Greed Index.

user avatarMaria Gutierrez

Crypto Fear Greed Index Reaches Highest Point Since January

chest

The Alternativeme Crypto Fear Greed Index surged to a score of 46, the highest since January, indicating improving market sentiment.

user avatarMaria Gutierrez

Bitcoin Long-Term Holder Supply Sees Notable Increase

chest

Recent data indicates that Bitcoin long-term holders have experienced a significant surge in their supply, with 303,500 BTC entering their hands over the past month.

user avatarAndrew Smith

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.