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Crypto Analyst Adamant on Further Capitulation of Bitcoin

Acclaimed analyst ‘il Capo of crypto’ predicts Bitcoin price will fall to $12,000 in the current cycle.il Capo says that despite the current rally, Bitcoin’s...
Crypto Analyst Adamant on Further Capitulation of Bitcoin © Reuters Crypto Analyst Adamant on Further Capitulation of Bitcoin
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  • Acclaimed analyst ‘il Capo of crypto’ predicts Bitcoin price will fall to $12,000 in the current cycle.
  • il Capo says that despite the current rally, Bitcoin’s bearish trend remains valid.
  • The analyst advised followers not to buy Bitcoin at the current price level.

Acclaimed crypto analyst, ‘il Capo of Crypto’ insists that Bitcoin price will fall in the short term. With a pictorial illustration, the crypto analyst predicted that Bitcoin price will fail to overcome the current resistance around the $18,400 region. il Capo’s prediction targets the $11,500 to $12,000 price region as the actual bottom for Bitcoin in this bear cycle.

il Capo is famous for his ruthless presentation and high accuracy in crypto analysis. His latest announcement via his usual Twitter account contained just a few words and a screenshot of his chart analysis. In the four-word tweet, he said: “Good morning. No changes”.

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04-03-2024 16:15:16 (UTC+7)

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    EUR/USD 1.0847 ↑ Buy  
    GBP/USD 1.2672 Buy  
    USD/JPY 150.31 Neutral  
    AUD/USD 0.6522 ↑ Buy  
    USD/CAD 1.3568 Sell  
    EUR/JPY 163.05 ↑ Buy  
    EUR/CHF 0.9567 Neutral  
    Gold 2,092.45 Sell  
    Silver 23.348 ↑ Buy  
    Copper 3.8857 ↑ Buy  
    Crude Oil WTI 80.16 Neutral  
    Brent Oil 83.80 ↑ Sell  
    Natural Gas 1.882 ↑ Sell  
    US Coffee C 183.70 Neutral  
    Euro Stoxx 50 4,906.65 ↑ Buy  
    S&P 500 5,137.08 ↑ Buy  
    DAX 17,744.05 ↑ Buy  
    FTSE 100 7,664.94 ↑ Buy  
    Hang Seng 16,595.97 ↑ Buy  
    Small Cap 2000 2,076.39 ↑ Buy  
    IBEX 35 10,073.17 Buy  
    BASF 47.535 ↑ Sell  
    Bayer 28.12 ↑ Sell  
    Allianz 252.08 ↑ Buy  
    Adidas 187.15 Neutral  
    Lufthansa 7.118 Buy  
    Siemens AG 181.68 ↑ Buy  
    Deutsche Bank AG 12.560 ↑ Buy  
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