hi villa,

The popular crypto analyst who accurately predicted current market woes is now cautioning investors that Bitcoin (BTC) is likely to fall further.

The pseudonymous trader Capo tells his 409,300 Twitter followers he sees no indication that BTC has reached a cycle bottom around the $20,000 level.

“Based on what you read on Twitter, you may think that the market is recovering very well. But the charts show:

BTC price below $21,000. Lower highs everywhere. Hidden bearish divergences everywhere. No bottom formation.

I’m not buying yet.”

Capo warned in March Bitcoin was likely to fall 50% from its $44,000 price tag.

The trader next says that while he does foresee lower Bitcoin prices, he also expects the bottom to be reached soon.

“This is important. Do I expect another leg down and new lows? Yes.

Is it worth it to short here? No.

Opinion planB⚠️⚠️:

The brains behind the Dutch analyst Model B and the BTC Stock-to-Flow (S2F) model have once again predicted a possible rally in Bitcoin, which he believes will lead to a lower price.

PlanB is famous for regretting accurate price predictions

Making it clear was completed in the first quarter of 2022.

PlanB said, “We hit a market bottom. Then a new bull market will start. The Bitcoin cycle.”

PlanB is famous for its unfortunate accurate price predictions. Although there is reliable information, it has been proven that there is generally reliable information, for example, creating a copy from the inventory to the stream.

                                             any opinion or comment?

by nemssis