The analyst, known to be the end of the cryptocurrency cycle in 2021, is designed to be less than $ 80,000 in Bitcoin to think that BTC Bears is the end of Bull Market.
A pseudonym analyst, CAPO, believes that for 942,200 followers in social media platform X, Bitcoin is a process of carving a medium -sized cycle with a significant modification of about $ 110,000.
According to Trader, the plunging to 2025 $ 76,000 of BTC will lead to a rapid optimistic reversal with Altcoins, with bear traps or false failures.
“Bear traps are lower than expected, but the local floor is very close.
Altcoins is expected to surpass Bitcoin, and there will be powerful relief bounce over the next few days. ”
In the instant messaging platform Telegram, CAPO says that it has begun to see the strength of Bitcoin and Altcoin in a lower time frame.
“Ideally, BTC needs to find $ 84,000 and ETH $ 2,000 for optimistic continuation…
Most Altcoins is receiving great support after powerful modifications.
Many people are panic at this level. Others are waiting for lower prices.
The financing is very negative, so it checks the weak feeling.
There is a lot of liquidity upside down. ”
At the time of writing, Bitcoin is trading for $ 82,765 and the value of Ethereum (ETH) is $ 1,926.
CAPO said that he is closely watching the TOTAL2 chart, which is an ALT index, which tracks the market cap of all encryption assets except Bitcoin and Stablecoins to support his strength in Altcoins.
Trader shares a chart that suggests that TOTAL2 has successfully resumed $ 97.1 billion of important support areas.
The Rollish TOTAL2 chart indicates that the Altcoin market is rally. At the time of writing, Total2 is worth $ 1 trillion after falling to $ 97.4 billion of $ 2025.
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Created image: Midjourney