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Frightening Warning from the Analyst Who Knows the Crashes: Bitcoin and Ethereum May Fall To These Levels!
Crypto Capo pointed to the $500 level for 12,000 Ethereum (ETH) for Bitcoin (BTC) in a possible bearish scenario.
Crypto Capo posted on his official social media account on June 23, stating that bear market scenarios for the crypto money market are still possible.
In a possible decline, the analyst targeted the levels of $ 500 to $ 700, with a loss of 60% for Bitcoin, to $ 16 thousand, for Ethereum, with a loss of 63% to 74%.
The analyst also suggested that cryptocurrencies other than Bitcoin and Ethereum will lose an average of 60 to 80% in value, while currently many altcoins are back to their low levels in 2022.
In this context, Capo stated that he has a short position, one of the medium-term critical resistance zones, in BNB, TRON (TRX), Solana (SOL), Aave (AAVE) and Polygon (MATIC). underlined.
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