CandleFocus Legendary Analyst il Capo Writes a Bullish Scenario for Cryptocurrencies, Explains What It Takes to Make It Happen
2024-09-11
Author: Content Editor
The renowned cryptocurrency analyst, Il Capo of Crypto, believes that Ethereum (ETH) has tested the $2,100 support twice and predicts that a bullish scenario confirmation for ETH will occur after it recaptures the $2,800 level. The analyst suggests that if ETH successfully breaks this level, it could simultaneously coincide with Bitcoin (BTC) crossing the $60,000 barrier, potentially leading to a new all-time high price for ETH. Il Capo also mentioned that the altcoin market, indicated by the ALTS/BTC chart, shows potential for a strong bounce, but emphasized that Bitcoin would need to surpass $60,000 to confirm a bullish trend. As of now, BTC is trading at $57,499.
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