Cryptocurrency

Bitcoin

Cryptocurrency analyst il Capo of Crypto spoke in his statement today after the decline in both Bitcoin and the cryptocurrency market in general.
il Capo had previously said that altcoins could decline 20% to 30% from their current levels. In his new statement, he said that part of the decline has been completed and that the altcoin market may experience another decline of 10% to 20% before reaching support levels.
However, speaking specifically about AVAX, the analyst said that the altcoin received a rejection from its main resistance between $50 and $55 and started to decline. The analyst claims that as a result of the decline, the AVAX price may drop to $24.
Related News: <a href="https://en.bitcoinsistemi.com/is-bitcoins-local-top-left-behind-us-renowned-analyst-reveals-13-btc-metrics-to-watch/" target="_blank" rel="noopener noreferrer nofollow">Is Bitcoin's Local Top Left Behind Us? Renowned Analyst Reveals 13 BTC Metrics to Watch</a>
Additionally, speaking about Bitcoin, the analyst claimed that the BTC price still did not reach a support level after the decline and that long positions fueled the downward movement.
The analyst said he expects to see a capitulation candle along with a lot of liquidation and ideally wants BTC price to move below $60,000 before assessing a local bottom.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bearish-analyst-il-capo-shares-his-expected-scenario-for-bitcoin-avax-and-altcoins-in-general/" rel="noopener noreferrer nofollow">Bearish Analyst il Capo Shares His Expected Scenario for Bitcoin, AVAX and Altcoins in General</a>

Bearish Analyst il Capo Shares His Expected Scenario for Bitcoin, AVAX and Altcoins in General

Bitcoin Sistemi EN

2024年4月2日公開の他の記事

Bitcoin (BTC) Crash To $200? “I Will Simply Buy More” – Robert Kiyosaki

MAS’s user protection amendment in the digital payment sector

Full Schedule Released for Hong Kong Web3 Festival 2024

Binance Charity and Children of Heroes Team Up for Ukraine’s War-Affected Kids

5 Altcoins to Watch This Week for a 10X Portfolio Boost

Avail Partners With dWallet Network To Introduce Native Bitcoin Rollups to Web3 (2 Apr)

ニュースレターを購読して暗号資産の最新情報を毎日入手！