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Bitcoin Braces for $60K Plunge—Same Analyst Who Nailed 2022 Crash Sounds Alarm

Bitcoin Braces for $60K Plunge—Same Analyst Who Nailed 2022 Crash Sounds Alarm

Author:
Cryptodnes
Published:
2025-05-03 10:00:47
20
3

Markets shudder as the prophet of crypto’s last apocalypse returns with a dire new prediction. This time? A gut-wrenching drop to $60K—enough to make even diamond-handed HODLers sweat.

Wall Street’s ’told-you-so’ brigade already sharpening their knives. Meanwhile, retail traders alternate between panic sells and discount-buying memes—because nothing fuels financial decisions like existential dread and FOMO.

Funny how these ’corrective phases’ always hit right after the suits finish accumulating. Just saying.

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Capo also suggested signs of short-term distribution in this zone, indicating that the current rally may be losing momentum. Despite this, he believes altcoins might still have room to run while Bitcoin hovers in this range, though he’s beginning to take profits.

Meanwhile, on his Telegram channel, Capo reaffirmed his bullish stance on Render (RENDER), a GPU-based decentralized computing platform. The altcoin has surged 60% from his initial entry point, recently reclaiming the $4.25 level. Based on his chart, he expects the next major target to be around $6.58.

|Square

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