Cryptocurrency

bullish

Bitcoin

Percent

BlackRock

Cryptocurrency analyst il Capo of Crypto has updated his views following the decline in Bitcoin and the overall market.
<h2 id="il-capo-claims-bitcoin-price-could-drop-10-to-20-percent">Il Capo Claims Bitcoin Price Could Drop 10 to 20 Percent</h2>
The analyst, who has been talked about for his recent bullish statements, admitted that “the market looks sluggish” after the declines and argued that a “final pullback” of 10% to 20% could occur. However, he also claimed that this could create the possibility of a dip purchase.
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According to the analyst, if this scenario plays out, the Bitcoin price could drop to between $48,000 and $50,000, while the Ethereum price could drop to around $2,000.
il Capo added that this development was something he did not expect.
The Bitcoin price has recently experienced a decline due to increasing geopolitical developments. Tensions between Iran and Israel flared up after Iran launched a missile attack on Israel, and markets, especially BTC, reacted negatively to the situation. However, BlackRock said in a report published in September that BTC recovers on average 60 days after geopolitical tensions.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/new-price-prediction-from-legendary-analyst-il-capo-as-bitcoin-plummets/" rel="noopener noreferrer nofollow">New Price Prediction from Legendary Analyst il Capo as Bitcoin Plummets</a>

New Price Prediction from Legendary Analyst il Capo as Bitcoin Plummets

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