One of the most well-known names in the cryptocurrency world, il Capo of Crypto, shared the scenario he thinks could happen in Bitcoin this weekend in his statement.
According to the analyst, a short-lived correction could potentially be observed over the weekend. il Capo thinks that during this correction, the BTC price could test the $99,000 to $101,000 range.
However, the analyst also touched on altcoins and predicted that some altcoins could experience a decline of 5% to 10%. However, he stated that a few could continue their rise. He added that his strategy was “hold and sell at the bottom.”
In addition, the analyst, who spoke about Ethena (ENA), which he previously claimed to be in favor of the bulls on the altcoin side, shared a chart of the altcoin and claimed that he expects a correction from the current price of $ 0.93 to $ 0.87, and then a sudden jump and a climb to $ 1.33 may occur.
The analyst, who was once extremely bearish, recently gave up on the idea that the BTC price would drop to $15,000.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/veteran-analyst-reveals-the-scenario-he-expects-in-bitcoin-this-weekend/