in 2022 Bitcoin (BTC) and cryptocurrency pUsing the pseudonym Capo, who made a name for himself with his accurate predictions about the market, the analyst made investors popular. altcoin warned about.
Sharing on Twitter, Capo stated that the market conditions for altcoins are bad.
Investors Avalanche (AVAX) Warns about the issue, Capo said that the target for AVAX in 2023 is 3-5 dollars.
Updating his target on AVAX, the analyst lowered AVAX’s target of $10 for the end of the year, which was predicted to decrease by 50% for the end of May.
“AVAX price update: The $10 target I said in May has now been reached.
As you can see, if you chart a high time frame, waiting is a key element.
Now, with the available data, the $10 support seems unlikely to hold. The new main target in AVAX: 3-5 dollars levels.”
Responding to those who will make negative comments about him because he lowered his AVAX target, Capo “but Capo you are moving your targets! I’m telling you in advance for those who will comment like this. Yes, goals are dynamic and not fixed. New information leads to new analysis. According to the information obtained in May, the target for AVAX was 10 dollars and this target was achieved. There is now updated data. This indicates a bearish trend in AVAX.” said.
Capo, who spoke with his accurate predictions about the declines and especially the AVAX price, AVAX Time will tell if his guess will be right once again.
For those that are going to comment things like ”but capo you are moving your targets!”.. yes, targets are dynamic and not fixed. New information leads to new analysis. With the info available in May, the target was $10 which has been reached. Now there’s updated data (bearish) https://t.co/4THpHm4H1q
— il Capo Of Crypto (@CryptoCapo_) December 30, 2022
*Not investment advice.
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