With explanations cryptocurrency Capo of Crypto, a bearish analyst that creates controversy in the world, experienced a slight decrease in its chart in its last analysis. Bitcoin talked about.
Bitcoin price recently climbed to $ 52,800, creating a local peak and reaching a price not seen in a long time.
However, in the same period, il Capo added in his statement that he expected a 10-15% decrease from this level.
In his new statement today, the analyst stated that he first disposed of all his altcoin positions and that he would re-enter the market in case of a 10-20% decrease.
In addition, the analyst said that regarding the decline in the BTC price in the last hours, the decline he expected in the price has begun, open positions and funding rates have increased, and this is a bearish situation. The analyst claimed that the BTC price could easily drop to $ 45,000 after this stage.
The analyst, who said that he targeted the $ 12,000 level in his previous statements, does not mention this level much in his recent posts and it is not clear whether he insists on this claim.
However, in his new statements, he stated that he expected a decrease in the BTC price to around $ 30,000 to $ 31,000.
*This is not investment advice.
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