Famous crypto analyst Crypto Capo, who foresaw Terra (LUNA) and FTX bankruptcy, pointed to the $500 level for 12,000 Ethereum (ETH) for Bitcoin (BTC) and $500 for a possible bearish scenario.
Crypto Capo posted on his official social media account on June 23. in the shipmenton the cryptocurrency market bear market of your scenarios still possible stated that it was within Analyst in a possible decline bitcoin for 60% with depreciation 16 thousand dollar Ethereum for 63% with 74% one among depreciation with 500 with 700 between dollars levels gave target.
The analyst also bitcoin And Ethereum average of cryptocurrencies 60% with 80 between will lose value While suggesting that many altcoins are currently 2022 in the year to low levels He said he was back.
In this context BNB, TRON (TRX), Left (LEFT), AAVE (AAVE) And in Polygon (MATIC) mid-term critical resistance zones short Stating that he has a position, Capo only TRX at a loss underlined that.
At the fundamental analysis point of the analyst market, the bull market at the current point is in the past. Binance USD (BUSD), USD Coin (USDC) and now True USD (TUSD) He claimed that he was created out of nothing.
Relating to stablecoins market through have been manipulated suggesting Capo, of the US Securities and Exchange Commission (SEC) Binance CEO Changpeng Zhao (CZ) and TRON founder Justin Sun your actions on not completed And probably new ones will come told.