Bitcoin

Ethereum

<p>Reputable crypto analyst and trader Capo is raising the red flag once more, this time for Bitcoin and the market as a whole. Capo, a market swing expert known for being spot-on, has predicted new market lows for Bitcoin and other altcoins on <a href="https://web.telegram.org/k/#&#64;CryptoCapoTG" rel="noopener noreferrer nofollow">his Telegram channel</a>. Contrary to the general euphoria surrounding cryptocurrencies, Capo is adamant that the bear market is still very much alive and claims that Bitcoin&#39;s recent recovery from $15,700 to $30,000 was only a temporary correction.</p><p></p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e1508f8136684047a4aa4a388673d006.png" /><p></p><p>Capo points to the parabolic rise of meme coins as a blatant sign of a local top in the cryptocurrency markets and an impending collapse. He uses phrases like internal retracement, wave B/X, and the dreaded bull trap to support his claim that this trend is a bear market rally or retracement.</p><h3 id="bearish-outlook">Bearish Outlook</h3><p>According to Capo, the market will experience a catastrophic slump, with Ethereum (ETH) potentially falling by over 70% and <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin price</a> potentially falling to $12,000 in value. Altcoins, on the other hand, may see price declines of between 60% and 80%, with some performing significantly worse.</p><h3 id="capo-s-prediction-reviews">Capo’s Prediction Reviews</h3><p>While Capo&#39;s <a href="https://coinpedia.org/price-prediction/" rel="noopener noreferrer nofollow">crypto predictions</a> have historically been incredibly accurate, it&#39;s crucial to remember that his prognosis of new lows came later than anticipated. Nevertheless, considering the erratic and volatile character of the cryptocurrency markets, the significance of his most recent warning cannot be discounted.</p>

Capo Analyst Predictions for Bitcoin and Altcoins

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