Popular crypto analyst Capo said in a series of recent tweets that he is optimistic about the short-term future of Bitcoin (BTC) and that altcoin projects are poised for a rally. He thinks that if his analyst expectations come true, Cardano (ADA) price will retest old ATH levels. here are the details…
Capo shared his 2022 predictions on Bitcoin
Popular crypto analyst Capo is still optimistic about the short-term future of Bitcoin (BTC) while predicting an inevitable altcoin rally. The altcoin oracle tells his 227,400 Twitter followers that the first quarter of 2022 “should be bullish” for the largest cryptocurrency by market cap:
It is still above key support ($40,000-$42,000) and the new uptrend is solid. Hidden bullish divergences occurred during the November correction.
According to the analyst, altcoin projects are on the verge of a big boom
BTC is trading at $47,963.93 at the time of writing, down 1.6% in the last 24 hours. The largest cryptocurrency by market cap is down nearly 18% from where it was priced a week ago. Capo also thinks that altcoins are on the verge of a big boom.
Analyst shares ADA price predictions
cryptocoin.com Capo, for whom we share analysis, recently predicted that ADA, the native cryptocurrency of smart contract platform Cardano, could surpass its previous all-time high (ATH) as part of a wider altcoin surge. Since ADA hit around $3.10 ATH in early September, it has endured a drastic price correction of more than 57%.
- The seventh-ranked cryptocurrency by market capitalization is currently trading at $1.35 with a stable price over the past 24 hours and down more than 15% in the last month.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.