IL CAPO OF CRYPTO 價格CAPO

New ATH soon? Capo just posted a black swan

Capo becoming more bearish increases my confidence in the real upcoming explosive rally.

Capo has finally turned bearish

Analyst Says One Altcoin That Rallied 278% Last Week Could Be Showing Crypto the Way – Here’s His Forecast   dailyhodl.com1 h An analyst who accurately called the 2022 crypto collapse says that one token that rallied almost 280% last week could foreshadow what’s coming for the altcoin market. Pseudonymous analyst Capo tells his 100,883 followers on the instant messaging platform Telegram that he’s closely watching the native governance asset of the non-fungible token (NFT) marketplace SuperRare (RARE). According to Capo, RARE’s massive rise from last week’s low of $0.0918 to a high of $0.3476 may be a preview of what’s in store for altcoins. “Basically we are seeing a correction after a bullish trend, similar to the one we saw back in April-July 2021 before bullish continuation. Some tokens like RARE have already broken this downtrend, with some interesting pumps. Now… should we expect the same for the rest of the market? Confirmations are still needed, but based on a thorough analysis using various methods and data sources, and as I’ve been saying for a few weeks, I believe there is a good chance of seeing a market recovery with a bullish rally for altcoins.”  Source: Capo/Telegram Looking at Capo’s charts, he seems to predict that OTHERS, which tracks the market cap of all crypto assets excluding the top 10 digital assets and stablecoins, will witness bullish continuation if it breaks resistance at around $257 billion. At time of writing, OTHERS is trading for $188.174 billion. Turning to Bitcoin (BTC), Capo shares a chart suggesting that the crypto king is primed to rally to a liquidity zone between $75,000 and $80,000. “BTC high time frame chart.”  Source: Capo/Telegram At time of writing, Bitcoin is trading for $58,444, down nearly 2% on the day.

$BTC The cryptocurrency market is witnessing a sudden decline again, led by the world's largest cryptocurrency, Bitcoin. The BTC price has dropped by approximately 1.70% in the last hour and is trading at $56,756 at the time of writing. BTC, which experienced a recovery yesterday, reached the $62,000 mark but failed to hold on there. In the decline rates in the last hour, Ethereum and other altcoins recorded slightly sharper declines than Bitcoin. Possible reasons for the decline include a mix of factors such as the failure of inflation data from the US to meet expectations, geopolitical risks, the Mpox virus entering the world agenda, and the withdrawal of Bitcoin Spot ETF option applications by US stock exchanges. Chart showing BTC price performance today. Related News FED Member Bostic Answered the Question of a 50 Basis Point Rate Cut: “Everything is on the Table” Data shows that $200 million worth of cryptocurrencies were liquidated in the last 24 hours. $168 million of this was in long positions. On the other hand, the largest portion of liquidations occurred in Ethereum with $67 million. Following the decline, one of the well-known names in the cryptocurrency market, analyst il Capo of Crypto, also released a statement. il Capo claimed that in his opinion, “a bounce is imminent.”