The recent rise in crypto money markets brought up the comments of the leading analysts of the sector. Analyst Capo, Bitcoin 
$118,219.28Although the (BTC) has recently made a significant break, the leader continues to negatively see the crypto currency. Capo suggests that after the rise in Bitcoin, the current enthusiasm on the market may be a reversal sign, and the rally on the market may not be long -term.
Strong rise in Bitcoin and Capo’s expectations
Bitcoin gained approximately 10 percent in the last seven days, which approached the level of $ 123,000 in this process and tested one of the highest values of all time. The current transaction price is around 118,926 dollars. But Capo argues that despite the rise, the correction can be realized soon.
Analyst The enthusiasm around the BTC is visible. In my opinion, a return is just a matter of time. All my short positions are in harm. Fortunately, I have not yet liquidated the expectations of many people because I have opened a very low leverage, ”he said.
The enthusiasm around the BTC is visible. In my opinion, a return is just a matter of time. Currently, all my short positions are in harm. Fortunately, since I opened a very low leverage, I have not yet liquidated many people.
Possible Risks and Effects on the Market
Capo pointed out that Bitcoin is in a separate direction despite the power of traditional financial markets. Stating that traditional markets give signs of weakness, Capo said that despite the current power of Bitcoin, he did not ignore the possibility of an unexpected development in the markets (defined as “Black Swan Event)).
I’m trying to stay calm. Everything may not happen immediately.
Analyst said Bitcoin may decline to $ 65,000 in the coming period. He reminded that this level was a movement in November 2024.
BNB Chain’s Situation and Analyst’s Opinions
Capo’s assessments were not limited to Bitcoin. BNB Chain’s (BNB) local token also gave an opinion about the analyst, the current price level of $ 693 claimed that the resistance zone. Capo stressed that the price of BNB may decrease close to 49 percent and the possibility of withdrawal to the levels recorded in March 2024.
Analyst, the BNB price, “the price is currently in the upper resistance of December. Medium-level support is in the range of $ 350-400,” he said. These assessments indicate that there may be serious depreciation in the BNB in the short term.
The price is currently in the upper resistance of December. Medium support is in the range of $ 350-400.
The current price of BNB was recorded as 693 dollars at the time of the article. In the scenario envisaged by the analyst, the price is thought to return to the levels where the last rise began.
The latest developments in crypto currency markets have shown that the volatile structure of the market continues. Analysts emphasize the importance of being careful in investors’ decisions and protecting themselves against possible risks. Capo’s views indicate that sudden changes in the market and negative scenarios should also be focused on. Although the current rise trends in the market increase the interest of investor, such analyst assessments ensure that possible actions are taken into consideration in the opposite direction.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
