A crypto trader known for predicting Bitcoin (BTC) bottoms warns traders are in the midst of another bull trap.
Pseudonymous crypto analyst Capo tells his 462,400 Twitter followers that BTC bulls are about to get caught in a major trap.
“This is one of the biggest bull traps of the year, but you won’t see it until it’s too late.”
Capo references a tweet thread from April 2022 in support of his argument. According to Capo, he manages to correctly call BTC bottoms time and time again, even when it means going against popular opinion.
“Same thing happening now. Worth a read…
Good luck and stay safe.”
In the April tweet storm, Capo points out his correct capitulation calls over the years, implying that his reasoning backs up