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COINTURK NEWS > Altcoin News > Foreseeing Crypto Analyst Predicts More Drops: What’s Next? 
Altcoin NewsTechnical Analysis

Foreseeing Crypto Analyst Predicts More Drops: What’s Next? 

In Brief

  • Many analysts have accurately predicted significant price movements, but this individual stands out. They’ve made consistent correct calls, applied the right strategy, and foresaw significant losses in cryptocurrencies. The individual, once the object of ridicule until June 10, is now taken seriously again. What’s next? ContentsThe All-Knowing Crypto Analyst ADA Coin Prediction Bitcoin Prediction MATIC Coin Review  The All-Knowing […]
İlayda Peker
İlayda Peker 2 years ago
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Many analysts have accurately predicted significant price movements, but this individual stands out. They’ve made consistent correct calls, applied the right strategy, and foresaw significant losses in cryptocurrencies. The individual, once the object of ridicule until June 10, is now taken seriously again. What’s next? 

Contents
The All-Knowing Crypto Analyst ADA Coin Prediction Bitcoin Prediction MATIC Coin Review 

The All-Knowing Crypto Analyst 

From the second half of 2022, they predicted many significant price movements. Falls, rises, resistance tests, and more. But with the rise in January, investors began to mock their continued expectation of a downturn. Just like how PlanB’s growth strategy was ridiculed at the beginning of 2022. 

Of course, we are talking about CryptoCapo. The surprise sales on June 10 achieved many of the crypto analyst’s targets in many altcoins. But some of the first TP points announced for short sales came, yet due to the recent ETF applications, they haven’t reached the dip targets. 

ADA Coin Prediction 

So, what is the famous analyst’s target for ADA Coin? The analyst who shared the chart below expects a much deeper correction. Capo, who says the price will continue to melt, expects it to drop to the $0.12 region. The price came close to this region for the first time with the sales on June 10. 

Yesterday, Analyst Capo said; 

Low levels were taken and now it’s testing the last pivot as resistance. We expect the aggressive final drop of 60-65% to reach the main target of $0.10-$0.12 (potential absolute bottom).

Bitcoin Prediction 

Those who remember last year know the bear’s top analyst’s bottom target of $12,000 for BTC. Capo is persistent and stubborn despite the last rise (almost 100%). He had claimed that the first rally of this year was inflated by Binance. He said for what happened in the last few days; 

Don’t fall into this trap. They are manipulating the market to sell higher and use you as exit liquidity. It was first with BUSD and USDC. Now with TUSD. Soon they won’t be able to do this and when it happens, all fake runs will be completely pulled back. Are these coincidences?

The last chart the analyst shared marked the bottom at $11,000. 

MATIC Coin Review 

It was one of the altcoins he expected to fall the most. According to him, with the loss of $0.29, the price of MATIC Coin can drop to a bottom of $0.20 in a few months. Capo is so confident in the drop that he didn’t close his short positions even in the rise. Moreover, he wrote that he raised the short entry level for MATIC Coin to $0.91. 

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 23 June, 2023 - 11:25 pm 23 June, 2023 - 11:25 pm
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