The well-known cryptocurrency analyst, il Capo of Crypto, commented on the recent surge in Bitcoin's price, stating that while the rise is positive in the long term, it could be a warning sign in the short term. He believes that the market sentiment has reached extreme levels, indicating a potential correction. Il Capo expects a drop in Bitcoin's price to around $89,000 to $91,000 and a decline in altcoins by 10% to 30%. He advises investors to remain calm and not succumb to the fear of missing out (FOMO).



Other News from Today