THE market's going to crash bad soon according to pseudonymous analyst (CryptoCapo) the popular figure who has been bearish on #bitcoin and the entire crypto market once again sent a huge warning to his followers today and I quote

"In case it's not clear enough:

- The market looks very bad. Bitcoin can give you the false illusion that we are in a bull market again, when the reality is very different and you only have to look at altcoins to realize this, which are slightly up from the bottom or making new lows over and over again.

- I don't trust #Binance , Huobi, Coinbase, CZ, Justin Sun, or stablecoins (especially BUSD, USDC, TUSD but neither USDT)

- I think we are going to witness a massive capitulation event that should mark the end of this bear market. This is why I have built several short positions (BNB is the biggest one) and the rest of my portfolio is in USD. Altcoins could literally dump 70-80%. This is not FUD, it's what I see after hours and hours of deep analysis.

The risk is high and any warning is little. Good luck and stay safe. A storm is brewing, and it's closer than you think.

what's your take , do you think Capo is right ? we are about to face a capitulation ?

$BTC $BNB $MATIC