New statements came from the analyst using the pseudonym Capo, who made a name for himself with his accurate predictions about the Bitcoin and cryptocurrency market in 2022.
Capo of Crypto, who is known for his bearish views and is frequently criticized by investors for his bearish comments, claimed that we are very close to the top in BTC and altcoins.
At this point, the analyst stated that BTC is facing great resistance between $ 43,000-45,000 and ETH is facing great resistance between $ 2,350-2,500, and stated that we have come to the end of the rise.
“I think we are very close to the local top in the entire crypto market.
BTC is facing major resistance here at $43,000-45,000. ETH resistance is $2350-2500.
Now money is flowing into altcoins and Shitcoins. This marks the end of the mini bull market (bear market rally) we are experiencing in 2023.
“I didn't get these opportunities this year, but bigger opportunities will come, especially if the main scenario in Bitcoin comes true.”
At this point, it is known that il Capo's ultimate target for BTC is $12,000.
*This is not investment advice.