The post Big Bear Analyst il Capo Shares His Latest Analysis Ahead of the New Year: Reveals His Predictions for Bitcoin and Ethereum appeared on BitcoinEthereumNews.com.

Capo of Crypto, one of the most well-known analysts in the cryptocurrency world, shared his latest analyzes for Bitcoin (BTC) and Ethereum (ETH) before the new year. The analyst, who is known for his bearish statements and therefore often draws reaction from the crypto community, said that as long as the Bitcoin price remains between $ 40,000 and $ 45,000, there may still be pumps in some altcoins. However, although he did not name names, he argued that some altcoins have already reached local peaks on their charts. Speaking about Bitcoin, the analyst thinks that liquidity will be received from a region between $ 45,000 and $ 46,000, followed by a reversal. However, he claimed that the bearish scenario will be confirmed if there is a close below $41,000 on the high time frame chart or a clear decline below $40,000 on the low time frame chart. The analyst, who also made statements for Ethereum, predicts that the world’s largest altcoin, which has been on the rise recently, will climb to a region between $ 2,500 and $ 2,600 and create a local peak there. Speaking about BNB yesterday, the analyst said that in the current situation, he was looking for bear signals on the low time frame chart for the purpose of decline after the rise. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/big-bear-analyst-il-capo-shares-his-latest-analysis-ahead-of-the-new-year-reveals-his-predictions-for-bitcoin-and-ethereum/

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Filed under: News - @ December 30, 2023 8:14 am