News

Bearish Analyst il Capo Announces He Will Buy an Altcoin for the First Time in a Long Time, Shares Important Levels for Bitcoin

Il Capo of Crypto, one of the most well-known analysts in the cryptocurrency world, stated in his statement that he would purchase a new altcoin and in addition shared the levels he believes Bitcoin will come to.

il Capo reported that he made spot purchases from the UniSwap (UNI) token, which was $ 6.54 at the time of his analysis, and targeted a range between $ 12 and $ 14.50. The analyst, who mostly made statements in favor of bears, announced that he bought an altcoin for the first time in a long time.

However, il Capo seems to continue his reputation as a bear analyst. The analyst claims that UNI may drop to between $1.75 and $2.05 with a major collapse after reaching between $12 and $14.50.

In addition, il Capo, who shared his thoughts about Bitcoin, made interesting predictions for BTC, which was at $ 42,844 during his analysis. According to the analyst, BTC price may make a short trip above $ 50,000 in the near future, but with the decline from here, the analyst expects a decline between $ 30,000 and $ 31,000. According to the analyst, a decline from the current level below $40,000 to $41,000 would confirm the bear scenario.

*This is not investment advice.

SOURCE

Leave a Comment

d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c d0c