Bitcoin (BTC) $93,746.2 price It dropped to $93,000 in the last 24 hours and altcoins hit new lows. Things have not been going well for cryptocurrency investors since the last Fed meeting. As the excitement of the election victory faded, Powell’s statements caused fear in the markets beyond expectations. So what does Capo, who predicted almost every decline in 2022, say now?
2025 Cryptocurrency Predictions
Bitcoin price After reaching a new all-time record high, it fell to $93,000 and altcoins saw major losses after the $108,000 peak. Altcoin investors have their eyes on the ETH price, but it too lost up to a thousand dollars after the peak of $ 4,100. Popular cryptocurrency analyst Capo discussed the current situation.
ETHBTC Sharing the latest status of the parity, the name wrote:
“Fundamentally, this pair has been holding at the same key long-term (HTF) support level for weeks. It appears to be forming a local bottom that could signal a potential reversal.
“If it manages to break above 0.041, this could be a very strong bullish sign for ETH and also altcoins.”
For altcoin investors, the increase in ETH price means more liquidity as it will bring about a decrease in BTC.D. If altcoins, which are currently losing 5% daily, can see a return in ETHBTC parity after the last bottom, a process similar to the 2021 altcoin season may occur.
The Know-It-All Crypto Analyst
Many investors and analysts did not see the decline in cryptocurrency markets in 2022 as a sign of a major collapse. During the rapid reversal of the sudden recovery in the first quarter of the year Capo It pointed to deeper bottoms. While many altcoins have not yet reached huge lows, Capo has insisted on a decline.
LUNA The collapse proved him right in the middle of the year, and he did not fall for the fake rises in 2022 because he interpreted the trend correctly. Thus, he became the all-knowing cryptocurrency analyst of the year by warning about declines at the right time after each rise.
This was similar to the situation with PlanB, which consistently predicted the monthly peaks correctly in the last quarter of 2021. But when we came to 2023, Capo could not understand that the trend was on the rise and kept making mistakes. As we pass mid-2023, Capo believed in the rise and has continued to share his upward predictions for about 1.5 years.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
