bullish

Cryptocurrency

Bitcoin

Il Capo of Crypto, one of the legendary analysts of the cryptocurrency world, evaluated the general market in his statement and shared his predictions.
According to the analyst's current statements, the world's largest altcoin, Ethereum, has tested the $ 2,100 support twice. According to the analyst, the bullish scenario confirmation for ETH will come after the $ 2,800 level is recaptured. The analyst thinks that this level can be overcome simultaneously with the $ 60,000 barrier being broken in Bitcoin prices.
Related News: <a href="https://en.bitcoinsistemi.com/journalist-nicknamed-fed-spokesperson-talks-about-the-feds-next-move/" target="_blank" rel="noopener noreferrer nofollow">Journalist Nicknamed “FED Spokesperson” Talks About the Fed's Next Move</a>
On the other hand, il Capo claimed that if the ETH price makes such an attack, a new all-time high price record is likely to be broken.
In addition, the analyst, who also spoke about the altcoin market, argued that the ALTS/BTC chart gives a good view for a strong bounce. However, he said that for this scenario, the Bitcoin price would need to exceed $ 60,000 to give bullish approval, which is also likely.
At the time of writing, the BTC price is trading at $57,499.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/legendary-analyst-il-capo-writes-a-bullish-scenario-for-cryptocurrencies-explains-what-it-takes-to-make-it-happen/" rel="noopener noreferrer nofollow">Legendary Analyst il Capo Writes a Bullish Scenario for Cryptocurrencies, Explains What It Takes to Make It Happen</a>

Legendary Analyst il Capo Writes a Bullish Scenario for Cryptocurrencies, Explains What It Takes to Make It Happen

Bitcoin Sistemi EN

Other articles published on Sep 11, 2024

Investment Advisors Favor Bitcoin ETFs

Peter Brandt Foresees Bitcoin’s Next Surge

SlowMist Monthly Security Report | Total Losses for August Approximate $316 Million

BREAKING! US Inflation Data Announced! What Was the First Reaction of Bitcoin (BTC) and Dollar (D...

SEC has levied over $7.42 billion in fines against crypto industry: study

Tyler Winklevoss Gemini Co-Founder Accuses Senator Warren of Targeting 50M U.S. Crypto Holders

Join our free newsletter for daily crypto updates!