Crypto Capo, a name that is famous in the industry with its collapse predictions, has shared new analyzes as of today. Evaluating the collapse in altcoins as well as the leading cryptocurrency Bitcoin (BTC), Capo said that he already expected these declines to occur.
Capo, who predicted a collapse at every opportunity even when Bitcoin was around 15 thousand dollars, stated that he expected a further decline for new altcoin purchases:
âSuch actions cause many people to lose a lot of money. I work hard to prevent such falls, and I hope my work can help many people.
Making money is important and there are always opportunities to make money, but preserving capital is much more important because you can't make money without capital to invest.
As I said before, I am currently watching and waiting without making any moves. âI expect some altcoins to give bigger buying opportunities soon, but not yet.â
Capo, who analyzes the leading cryptocurrency Bitcoin (BTC) in addition to altcoins, expects BTC to rise first to 60 thousand dollars and then to 75 thousand dollars in the coming period.
It is not an investment advice.
