Top Trader Capo Issues Warning About Bitcoin (BTC) and Altcoins As Crypto Markets Suffer Downtick in Price

Top Trader Capo Issues Warning About Bitcoin (BTC) and Altcoins As Crypto Markets Suffer Downtick in Price


A popular crypto strategist and trader thinks that Bitcoin (BTC) and the altcoin markets are poised for a massive correction.

The pseudonymous crypto analyst Capo tells his 266,300 Twitter followers that Bitcoin’s “main target” is between $21,000-$23,000.

Source: Capo/Twitter

Trending: Dr. Zelenko Admitted To The Hospital: “No Matter What Happens, I Want You To Know…”

Bitcoin is trading at $36,117.66 at time of writing, down more than 6.5% in the past week.

Capo also thinks altcoins could be on the verge of a major break to the downside.

“Altcoins index is about to break the main support. Next support is 50% lower. Real capitulation below this level.”

Source: Capo/Twitter

The pseudonymous crypto analyst also says that Ethereum (ETH) will not be spared by his predicted corrective move.

“ETH main target is $1,100-$1,300, and that’s 50%, not 70%.”

At time of writing,

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend