Crypto Capo Commented on the Declines in Bitcoin (BTC) and Altcoins!

Could AVAX suffer another 50% drop?

Crypto Capo, an analyst closely followed by cryptocurrency investors, comes to the fore with his collapse predictions. Capo, which has been expecting a decline in the leading cryptocurrency Bitcoin (BTC) and altcoins for a while, appeared on the scene after today's declines.

Crypto Capo shared the following words on his Telegram account after the recent declines in crypto assets:

Bitcoin (BTC) and altcoins have also yet to reach significant support levels.

Large long positions opened with each decline fuel the downward movement and the price forms lower highs.

“I don't think the declines in the crypto market are over.”

Apart from the general evaluation, Capo also shared the Avalanche (AVAX) chart specifically and emphasizes that there will be sharp declines in AVAX in the coming period.