Bitcoin Could See These Bottoms! My Money Is In This Coin!

Il Capo Of Crypto (CryptoCapo), a popular crypto analyst and trader, thinks Bitcoin (BTC) is poised for another price drop before it bounces back. We have compiled the details for you, let’s examine the subject together…

il Capo Of Crypto: Bitcoin may drop below $30,000!

The analyst, known as il Capo Of Crypto (CryptoCapo), tells his 236,900 Twitter followers that he thinks Bitcoin will drop below $30,000 before recovering. BTC is trading at $37,300 at the time of writing, down more than 14% last week and more than 27% last month. However, the analyst believes that the bull market will officially end if Bitcoin consolidates below $30,000. The analyst adds the following to his explanations on the subject:

If it consolidates below $30,000, it’s gone. Consolidation means clean high time frame below this level or a break + return from support to resistance. Right now I’m betting on a bounce from there after a wick under $30,000.

The analyst holds 80% of his portfolio in a dollar-pegged altcoin project!

Looking at the analyst’s chart, it appears that Bitcoin followed the market structure of the S&P500 from 1999 to 2009 over the two-week time frame. If BTC follows the scenario, a move below $30,000 would put Bitcoin in a position to soar to all-time highs. The analyst notes that too much supply has been added to Binance futures, adding to his belief that Bitcoin has fallen below $30,000. The analyst adds the following to his explanations on the subject:

They added a lot of supply to Binance futures… I think it goes under $30,000.

capo, He says that 80% of his portfolio is currently in Tether (USDT), a dollar-pegged altcoin. The analyst believes that if Bitcoin consolidates above $41,000, the forecast below $30,000 will be invalid.

Analyst: Expect These On Bitcoin (BTC) In The Coming Weeks!

Here are the successful predictions of il Capo Of Crypto As we have previously reported, at the beginning of 2020, il Capo Of Crypto (CryptoCapo) stated that Bitcoin will fall to $ 3,500 and XRP will reach $ 0.11 and pinpointed. In addition, the master analyst also pinpointed $ 0.13 in XRP. il Capo Of Crypto has also accurately predicted some of the big dips that other altcoin projects have seen. For this reason, investors are watching the analyst’s forecasts carefully. Moreover, in a forecast published in August, il Capo Of Crypto correctly predicted that Cardano would drop as low as $1.90 before continuing its bull cycle.

Contact us to be instantly informed about the last minute developments. twitterin, Facebookin and InstagramFollow and Telegram and YouTube join our channel!

Disclaimer: The articles and articles on do not constitute investment advice. does not recommend buying or selling any cryptocurrencies or digital assets, nor is an investment advisor. For this reason, 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 and quoting by giving a link is subject to the permission of 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 in violation of intellectual property law and relevant legislation.

source site-2