- Accurately knowing Bitcoin’s collapse, the analyst warned investors about a popular altcoin and announced price targets for another altcoin.
Bitcoin (BTC) The analyst, who correctly predicted that it will fall below $ 30,000, has been fighting a major legal battle since the end of 2020. XRPHe warned that the tide could fall to its lowest levels since 2020.
Known for the accuracy of his predictions, the analyst, nicknamed Capo, claimed to his 433,200 Twitter followers that XRP, which currently stands at $0.34, up about 4 percent, could drop to between $0.16 and $0.14:
“XRP, $0.14 – $0.16.”
Binance Coin
Additionally, Capo is the native crypto asset of Binance, the world’s largest cryptocurrency exchange platform. Binance Coin (BNB) He also shared his predictions for According to Capo, the popular cryptocurrency could bottom out between $125 and $135. At the time of writing, BNB coin It is trading at $240.
“BNB, $125-$135.”
It’s only a matter of time before Bitcoin sees new lows
Leading digital asset to Bitcoin (BTC) As for, the renowned analyst believes it’s only a matter of time before the flagship crypto asset sees new lows.
“Retail investors have not yet surrendered. Otherwise, the price is still at $20,000 after a weak bounce from $17,600 (13 percent) or neutral funding rates. hopium (irrational or unwarranted optimism) we would not see
Everything points to new lows. But as always, time will tell.”
Bitcoin is trading at $21,647, up 5.45 percent in the last 24 hours, after dropping almost below $19,000 earlier this month. The analyst says Bitcoin may drop as low as $16,000 before it definitively rises. claims:
“Many people expect a price of $22,000-23,000. This is the same as in past times when people expected it to reach the $52,000 level when the price was between $47,000-48,000, or when people expected it to reach $35,000 when the price was between $31,000-32,000.
However, I think 16,000 comes first. ”
You can check the price movements here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.