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Crypto Analyst Adamant on Further Capitulation of Bitcoin

Acclaimed analyst ‘il Capo of crypto’ predicts Bitcoin price will fall to $12,000 in the current cycle.il Capo says that despite the current rally, Bitcoin’s...
Crypto Analyst Adamant on Further Capitulation of Bitcoin © Reuters Crypto Analyst Adamant on Further Capitulation of Bitcoin
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  • Acclaimed analyst ‘il Capo of crypto’ predicts Bitcoin price will fall to $12,000 in the current cycle.
  • il Capo says that despite the current rally, Bitcoin’s bearish trend remains valid.
  • The analyst advised followers not to buy Bitcoin at the current price level.

Acclaimed crypto analyst, ‘il Capo of Crypto’ insists that Bitcoin price will fall in the short term. With a pictorial illustration, the crypto analyst predicted that Bitcoin price will fail to overcome the current resistance around the $18,400 region. il Capo’s prediction targets the $11,500 to $12,000 price region as the actual bottom for Bitcoin in this bear cycle.

il Capo is famous for his ruthless presentation and high accuracy in crypto analysis. His latest announcement via his usual Twitter account contained just a few words and a screenshot of his chart analysis. In the four-word tweet, he said: “Good morning. No changes”.

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04-10-2023 07:55:34 (UTC+7)

EUR/USD

1.0471

+0.0006 (+0.06%)

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Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (4)

EUR/USD

1.0471

+0.0006 (+0.06%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

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Buy (2)

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GBP/USD

1.2081

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Sell

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USD/JPY

149.21

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↑ Buy

Moving Avg:

Buy (12)

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AUD/USD

0.6310

+0.0009 (+0.14%)

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Sell

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Buy (5)

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USD/CAD

1.3705

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↑ Sell

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EUR/JPY

156.25

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↑ Buy

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EUR/CHF

0.9648

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Hang Seng

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Buy (12)

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IBEX 35

9,165.50

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BASF SE NA O.N.

41.760

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Bayer AG NA

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Allianz SE VNA O.N.

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Adidas AG

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Buy (4)

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Deutsche Lufthansa AG

7.247

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Siemens AG Class N

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Deutsche Bank AG

9.931

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Buy (9)

Sell (0)

    EUR/USD 1.0471 Neutral  
    GBP/USD 1.2081 Sell  
    USD/JPY 149.21 ↑ Buy  
    AUD/USD 0.6310 Sell  
    USD/CAD 1.3705 ↑ Sell  
    EUR/JPY 156.25 ↑ Buy  
    EUR/CHF 0.9648 Sell  
    Gold 1,838.65 ↑ Sell  
    Silver 21.365 ↑ Sell  
    Copper 3.6152 ↑ Sell  
    Crude Oil WTI 89.54 Neutral  
    Brent Oil 91.16 Buy  
    Natural Gas 2.943 Neutral  
    US Coffee C 148.80 ↑ Buy  
    Euro Stoxx 50 4,095.45 Neutral  
    S&P 500 4,229.45 ↑ Buy  
    DAX 15,085.21 ↑ Sell  
    FTSE 100 7,470.16 ↑ Sell  
    Hang Seng 17,276.00 ↑ Buy  
    Small Cap 2000 1,724.80 Neutral  
    IBEX 35 9,165.50 ↑ Sell  
    BASF 41.760 ↑ Buy  
    Bayer 43.88 Buy  
    Allianz 220.95 ↑ Buy  
    Adidas 160.72 ↑ Buy  
    Lufthansa 7.247 Buy  
    Siemens AG 133.10 Neutral  
    Deutsche Bank AG 9.931 ↑ Buy  
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