👉👉👉 After the Sudden Decline in #bitcoin , Legendary Analyst il Capo Shares What to Expect Next
Following a sudden decline in the #cryptocurrency market, the renowned analyst Capo of Crypto, often described as legendary by some, shared insights about Bitcoin's recent performance.
Today, Bitcoin's price dropped nearly 5%, falling to $66,123.
This decline also impacted the altcoin market, with #altcoins experiencing similar percentage drops to $BTC .
In his latest post, Capo of Crypto emphasized that the critical $67,000 support level had been breached. However, he noted that demand for Bitcoin remains robust despite this downward movement.
Discussing his outlook and scenarios, Capo mentioned that surpassing the $67,000 level once again would favor the bulls. He also identified $65,000 as another significant support level.
According to Capo, the metrics suggest that it is more likely for Bitcoin to reclaim the $67,000 level, which would indicate a deviation in price movement. He concluded by stating that his current stance is to "wait and see."
*This is not investment advice.
Source - en.bitcoinsistemi.com
