Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Crypto Bear says fake rallies and massive corrections are coming for Bitcoin and Ethereum.
ALTCOIN NEWS

Crypto Bear says fake rallies and massive corrections are coming for Bitcoin and Ethereum.

By Crypto FlexsJanuary 9, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Crypto Bear says fake rallies and massive corrections are coming for Bitcoin and Ethereum.
Share
Facebook Twitter LinkedIn Pinterest Email

Widely revered cryptocurrency bears believe there will be a major correction for Bitcoin (BTC) and Ethereum (ETH) after a brief rally.

Household name trader Capo told his 83,873 Telegram subscribers that the potential approval of a spot Bitcoin exchange-traded fund (ETF) this week would likely trigger a near-term rally for Bitcoin and other digital assets.

“Whales are showing strong interest in the $48,000 to $50,000 range. News can cause volatility and leave a big impression. So it’s a likely scenario that we’re going to pump to that level and then there’s going to be a big rejection.”

A trader shares a chart predicting Bitcoin’s price movement “over the next few days.”

Source: Capo/Telegram

Looking at his charts, the trader suggested that Bitcoin would soar to $51,000 following news of the spot market Bitcoin ETF approval. He suggested that Bitcoin is likely to correct towards $30,000-$31,000 after the rally as whales are “selling the news.”

The trader also predicts that Ethereum will rise to $2,600 before a correction. And he expects other altcoins to also experience large corrections after brief uptrends.

“We have an exciting week ahead. ETF news will be released soon. As explained these days, we expect the market to boom first. BTC is at $48,000-$50,000, ETH is at $2,500-$2,600. Alt needs to pump more, especially the lower caps. It will take a few days after that and the market should reach a very important local top. From then on, I will initiate swing short positions targeting new lows.”

Looking further ahead, the trader maintains his long-standing prediction that Bitcoin will eventually collapse to the $12,000 level, and his charts suggest this will happen around April.

“BTC HTF (High Time Frame) Idea.”

Source: Capo/Telegram

At the time of writing, Bitcoin is trading at $46,776, up 7% in the last 24 hours. Meanwhile, Ethereum is trading at $2,314 at the time of writing, up 4.7% in the last 24 hours.

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us TwitterFacebook, Telegram

Daily Hodl Mix Surfing

Check out the latest news headlines

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created: DALLE3

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Shib or PEPE: What memes coins are cut to the top 10 first?

July 17, 2025

The PBK Miner uses XRP mining to start a stable and efficient income method to easily earn $ 18,000 a day.

July 10, 2025

The market will select US regulatory stable coins more than CBDCS every day of CBDCS every day.

July 3, 2025
Add A Comment

Comments are closed.

Recent Posts

Use XRP To Mine BTC And DOGE? CryptoMiningFirm Launches New Cross-chain Cloud Mining Contract To Help Global Users Earn $8,150 A Day

July 23, 2025

MultiBank.io Partners With Fireblocks And Mavryk To Launch $10B Real Estate Tokenization Platform

July 23, 2025

Cango Inc. Announces Completion Of Secondary Acquisition And Appointment Of New Leadership Team

July 23, 2025

RWA And DEXs Thrive Despite Cooling Market Activity

July 23, 2025

Bybit And Cactus Custody Announce Strategic Partnership With Cactus Oasis Integration

July 23, 2025

21Shares submitted ETFs and on major exchange lists ondo price rallies

July 23, 2025

Ethereum Based Meme Coin PEPETO Raises Above $5.5M In Presale

July 22, 2025

MultiBank Group’s $MBG Token TGE Is Live On MexC, Gate.io, Uniswap And Multibank.io.

July 22, 2025

Ark Invest sells coinbase stocks and invests in BitMine.

July 22, 2025

Altcoin benefits of capital rotation

July 22, 2025

KAITO unveils Capital Launchpad, a Web3 crowdfunding platform that will be released later this week.

July 22, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Use XRP To Mine BTC And DOGE? CryptoMiningFirm Launches New Cross-chain Cloud Mining Contract To Help Global Users Earn $8,150 A Day

July 23, 2025

MultiBank.io Partners With Fireblocks And Mavryk To Launch $10B Real Estate Tokenization Platform

July 23, 2025

Cango Inc. Announces Completion Of Secondary Acquisition And Appointment Of New Leadership Team

July 23, 2025
Most Popular

NVIDIA’s Vera Rubin Architecture supplies power to the Blue Lion SuperComputer.

June 10, 2025

SafeMoon Files Chapter 7 Bankruptcy After Executive Arrests, SEC Indictment

December 15, 2023

Why you should care about the security of NFTs

November 28, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.