#BTC Popular analyst known as “il Capo of Crypto” reiterated his grim outlook, warning followers that the recent recovery in Bitcoin’s price may be nothing more than a temporary pause before another major drop. Bitcoin, which briefly plunged to $100,000 last week, has since bounced back to around $107,415 — but il Capo sees no signs of a proper market capitulation.
He believes Bitcoin still has room to fall, potentially slipping below the six-figure mark again before testing a support zone between $92,000 and $93,000. If that level fails to hold, he expects an even deeper slide to the $60,000–$70,000 range, which he views as a possible bottoming phase.
Il Capo also issued a stark warning for altcoin investors. If Bitcoin begins its descent, he anticipates altcoins could suffer even sharper declines — possibly losing between 50% and 80% of their current value. According to him, the broader crypto market remains overexposed and vulnerable to another correction wave.