CandleFocus Legendary Analyst il Capo Warns: “One Last Call Before Altcoin Season Begins…”
2024-10-26
Author: Content Editor
The well-known cryptocurrency analyst, Il Capo of Crypto, has warned that a "black swan" event could occur in the cryptocurrency market prior to the US Elections. If this were to happen, altcoins could potentially see an average drop of 35%. Large-cap cryptocurrencies may experience a decrease of 25% to 35%, while small-cap cryptocurrencies could see a drop of 40% to 60%. However, the analyst also shared positive views, suggesting that this could be the last decline before the start of a real altcoin season. Il Capo, who was previously bearish on cryptocurrencies, has since changed his views and invested in various altcoins. It is important to note that this information should not be considered as investment advice.
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