The prominent cryptocurrency analyst, il Capo of Crypto, published an update in a message over the weekend for his followers regarding what to expect.
Cryptocurrency analyst Capo of Crypto published a special analysis for the weekend in his latest post shared with his followers.
According to il Capo, it seems that the price of Bitcoin (BTC) has found a local peak between $96,000 and $98,000. However, the analyst believes that Ethereum (ETH) looks positive in terms of its performance, both in terms of its own price and compared to BTC.
Additionally, Capo claimed that there are emerging potentials for some other cryptocurrencies that he did not specifically name, in addition to the cryptocurrencies in the Solana (SOL) system.
In his statements a few days ago, Capoccio said that as long as the price of Bitcoin exceeds $92,000, a new upward movement is likely to occur.
The analyst known for his bullish market statements recently was previously one of the biggest advocates for the bear market. During the period when the price of BTC saw a significant drop to around $15,000, il Capo said that even though the price of BTC was nearing $30,000, the bear market was not over and he expected a level of $12,000. However, since that day, BTC has not dropped to those levels and continued to rise.
This is not investment advice.
