cryptocurrency analyst il Capo of Crypto, perhaps Bitcoin As we enter one of the most important weeks in history, he shared his views and predictions for the new week.
Stating to his followers that next week will be interesting, the analyst said that Bitcoin Spot ETF news will come in the coming days. In addition, the analyst expects a pump reaction on the Bitcoin side to the ETF news. il Capo said that he expects the BTC price to first rise between $48,000 and $50,000, and on the Ethereum side, he predicts a climb to around $2,500 to $2,600.
The analyst stated that with the Bitcoin ETF news, he expects more pumps in altcoins, especially those with low market values, compared to BTC and ETH.
According to the analyst’s predictions, after a few days of rising, the cryptocurrency market will reach a very important local peak. The analyst stated that he expects declines after this local peak and is targeting new lows.
The analyst argued that the most important support level on the downside lies between $30,000 and $31,000.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!