Cryptocurrency analyst il Capo of Crypto believes that Bitcoin and altcoins have reached a local temporal bottom following significant declines. However, il Capo warns that this might not be the final price bottom and predicts the possibility of another 5% to 20% drop. The drop in prices is attributed to Donald Trump's customs duties on China, Mexico, and Canada, as well as the delisting of USDT from cryptocurrency exchanges. It is noted that il Capo previously failed to accurately predict the rally period that led to Bitcoin's price increase.



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