CandleFocus Analyst il Capo Evaluates Bitcoin and Altcoins After Recent Developments, Declares the Situation a “Bear Trap” – He Announced Buying Two Altcoins
2025-01-10
Author: Content Editor
The price of Bitcoin has been on a downward trend, dropping to as low as $92,000 before trading at $93,475 at the time of writing. Cryptocurrency analyst il Capo believes that this drop is a "bear trap" intended to shake off most people before a bull run for altcoins occurs. Despite the decline, il Capo added more ENA and ZEUS altcoins to his portfolio, believing that the ENA price is in a demand/support area similar to BTC and will bounce. The analyst maintains that $90,000 to $92,000 is a strong demand/support zone for Bitcoin.
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