in 2022 Bitcoin And cryptocurrency New statements came from the analyst using the nickname Capo, who made a name for himself with his accurate predictions about the market.
Known for his bearish views and frequently criticized by investors for his bearish comments il Capo of Crypto, Bitcoin and Telegram via Telegram altcoins evaluated.
At this point, il Capo stated that Bitcoin reached between 44,000-45,000 dollars in line with his expectations. BTC and said that the bullish forecast for altcoins is valid.
However, the analyst stated that there is a possibility that BTC may be rejected at $ 45,000 and that he maintains his target of $ 50,000 for BTC. He argued that it would eventually reach $50,000.
At this point, Il Capo, who thinks that altcoins have not risen as much as BTC, said that as BTC rises to $ 50,000, altcoins will also have their turn and will experience an increase.
“My previously stated target for Bitcoin was reached between $44,000-45,000.
My bullish target for Bitcoin remains valid but we may see a rejection at $45,000, but it should eventually reach $50,000.
Altcoins should experience further rises.”
Bitcoin continues to trade at $44,700 at the time of writing.
*This is not investment advice.
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