The widely followed crypto analyst who nailed this year’s Bitcoin (BTC) collapse says the king crypto is likely on its way to new bear market lows.
ນັກວິເຄາະທີ່ມີຊື່ຊື່ Capo ບອກວ່າ his 665,000 Twitter followers that he believes rallies in the crypto markets are meant to trap bulls.
"ສິ່ງທີ່ຂ້ອຍເຫັນ:
-Technicals looking bad ([BTC] price below June’s low, indicators bearish, funding reset…)
-Same bull traps as always, but even weaker. People falling for them.
-Comments like ‘You are going to miss the train.’ Really?
This is not over. Final capitulation is likely.”
ຊອກຫາຢູ່ໃນ Bitcoin, Capo ເຊື່ອວ່າ that a drop to lower levels will happen in the near-term.
“Good morning! BTC to $12,000-$14,000 is a matter of time. Altcoins much lower (40%-50% drop on average).”
The crypto strategist also shares that chart that supports his bearish thesis, showing that BTC has flipped support at $17,600 into resistance.
"ຕາຕະລາງແມ່ນມີມູນຄ່າຫນຶ່ງພັນຄໍາ."
Based on Capo’s chart, he predicts Bitcoin would ignite a steep recovery after hitting his capitulation target between $12,000 and $14,000. At time of writing, Bitcoin is changing hands for $16,654, down 1.41% on the day.
Shifting his focus to smart contract protocol Cardano (ADA), Capo ຊຸດ a price target in the range between $0.16 and $0.20 for the Ethereum (ETH) ຄູ່ແຂ່ງ.
“ADA.”
At time of writing, ADA is trading hands at $0.324, suggesting an over 50% downside potential for Cardano.
ຢ່າພາດການຫຼິ້ນໃຫ້ເກີນແມ່ນ - ຈອງ ເພື່ອໃຫ້ໄດ້ຮັບການແຈ້ງເຕືອນອີເມວ crypto ທີ່ສົ່ງໂດຍກົງໃສ່ກ່ອງຈົດ ໝາຍ ຂອງທ່ານ
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ການປະຕິເສດ: ຄວາມຄິດເຫັນທີ່ສະແດງຢູ່ The Daily Hodl ບໍ່ແມ່ນ ຄຳ ແນະ ນຳ ດ້ານການລົງທືນ. ນັກລົງທືນຄວນເຮັດຢ່າງດຸ ໝັ່ນ ເນື່ອງຈາກການລົງທືນທີ່ມີຄວາມສ່ຽງສູງໃນ Bitcoin, cryptocurrency ຫລືຊັບສິນດິຈິຕອນ. ກະລຸນາຮັບຊາບວ່າການໂອນຍ້າຍແລະການຄ້າຂອງທ່ານແມ່ນຢູ່ໃນຄວາມສ່ຽງຂອງທ່ານເອງ, ແລະການສູນເສຍໃດໆທີ່ທ່ານອາດຈະເກີດຂຶ້ນແມ່ນຄວາມຮັບຜິດຊອບຂອງທ່ານ. The Daily Hodl ບໍ່ໄດ້ແນະ ນຳ ໃຫ້ຊື້ຫຼືຂາຍຂອງຊັບສິນດິຈິຕອນໃດໆຫລືຊັບສິນດິຈິຕອລ, ຫລື Daily Hodl ເປັນທີ່ປຶກສາດ້ານການລົງທືນ. ກະລຸນາສັງເກດວ່າ The Daily Hodl ເຂົ້າຮ່ວມໃນການຕະຫຼາດເປັນພີ່ນ້ອງກັນ.
ຮູບພາບທີ່ໂດດເດັ່ນ: Shutterstock / Jorm S
Source: https://dailyhodl.com/2022/11/19/crypto-analyst-who-predicted-2022-bitcoin-crash-sets-lower-btc-targets-warns-cardano-ada-could-plunge-by-50/