The cryptocurrency market has been following a volatile trend lately. Fluctuations in many cryptocurrencies, especially Bitcoin (BTC), confuse investors. This creates confusion for investors about which coins they should invest in and what to expect in the market. In this news, we will examine the comments made by il Capo of Crypto, one of the leading analysts of the cryptocurrency market, for Bitcoin, Uniswap (UNI) and Solana (SOL). Analyst comments are important as they give investors an idea about the course of the market.
Expectations for Bitcoin and those two altcoins
Il Capo of Crypto, one of the leading analysts of the cryptocurrency market, attracted the attention of investors with his comments for Bitcoin (BTC), Uniswap (UNI) and Solana (SOL).
Bitcoin:
- The rise from $25,000 to $40,000-$50,000 was supported by demand.
- The rise from $50,000 to $64,000 occurred without excess demand.
- Big whales consistently sold assets between $40,000-$64,000.
- There is a liquidity gap from the current level to $30,000.
- Most of the liquidity is on the downside.
Uniswap:
- According to the analyst, the price may have been manipulated.
- If it falls below $10, the distribution phase can begin.
- Current price: $12.55.
Solana:
- The $130 resistance was reached.
- It may drop to $48 with a bearish wave.
How did il Capo’s comments resonate with the market?
il Capo’s comments caused different reactions in the cryptocurrency market. While some investors agreed with the analyst’s comments, others argued that the comments were overly pessimistic. The possibility of Bitcoin falling to $30,000 worries investors. However, analysts argue that Bitcoin’s long-term potential remains strong.
It remains unclear how Uniswap and Solana will perform in the coming period. Investors are advised to conduct detailed research and consider the risks before investing in these two altcoins. The cryptocurrency market is a market with high volatility. It is important for investors to research risks and investment instruments in detail and make conscious investments before investing in this market.
Il Capo’s predictions
Il Capo of Crypto, one of the leading analysts of the cryptocurrency market, attracted attention with many predictions he made in the past. cryptokoin.com As we reported, here are some of the analyst’s key predictions:
Bitcoin:
- He predicted that Bitcoin would reach $100,000 in November 2021.
- He predicted that Bitcoin could fall as low as $40,000 in March 2022.
- He predicted that Bitcoin could fall as low as $20,000 in June 2022.
Ethereum:
- He predicted that Ethereum will reach $8,000 in November 2021.
- He predicted that Ethereum could fall as low as $2,000 in March 2022.
While some of Il Capo’s predictions came true, some did not. For example, the analyst’s prediction that Bitcoin would reach $100,000 did not come true. However, the analyst’s prediction that Bitcoin could drop to $40,000 was kept.
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