Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Blockchain»Capo Of Crypto Predicts Bitcoin Price Crash Below $100,000, Doom Call For Altcoins
    Blockchain

    Capo Of Crypto Predicts Bitcoin Price Crash Below $100,000, Doom Call For Altcoins

    FintechFetchBy FintechFetchJuly 3, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reason to trust

    Strict editorial policy that focuses on accuracy, relevance, and impartiality

    Created by industry experts and meticulously reviewed

    The highest standards in reporting and publishing

    Strict editorial policy that focuses on accuracy, relevance, and impartiality

    Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

    Crypto analyst Capo of Crypto, who is currently one of the most recognizeable names in crypto spaces on social media, has sounded a warning for the market. The analyst has completely dismissed the current trajectory of the Bitcoin price and, by extension, the altcoin market, calling for only a short-lived rally. His analysis points to a Bitcoin price crash, but the most impact is expected to be felt by the altcoin market as they tumble further.

    Bitcoin Price Is Headed Below $100,000

    In the post on the social media platform X (formerly Twitter), Capo of Crypto shares a rather bearish thesis that suggests that the current strength in Bitcoin won’t last. He points out that the Bitcoin price hasn’t bottomed yet and that the capitulation event is yet to happen.

    Related Reading

    A capitulation event is a time in the market when prices are falling, triggering panic among investors. This panic leads to further selling as investors become scared that prices will keep crashing, and this leads to deeper losses in the market. An example of a capitulation event is the FTX market crash, when the Bitcoin price fell by more than 60% in a matter of months.

    The crypto analyst predicts that the Bitcoin price will actually fall further, first below $100,000. Once this psychological level is broken, he sees the price heading for the $92,000 to $93,000 territory. However, he doesn’t expect the crash to end there as capitulation events often lead to deeper losses. He explains that if Bitcoin does fall below the $92,000-$93,000 support, then the market should expect to see prices as low as $60,000-$70,000.

    Altcoins To Get Decimated

    With the Bitcoin price expected to crash so hard, the effect on the altcoin market will be even more profound. Over the last few months, 10% dips in the Bitcoin price have translated to around 20-30% dips in altcoin prices. Therefore, a nearly 50% crash in the Bitcoin price would be disastrous for altcoins.

    Related Reading

    Capo of Crypto actually expects altcoins to crash harder, predicting that they will fall another 50-80% if his idea of the market does play out. This could put the altcoin market on a path to new lows not seen in the last five years, and could be the worst bear market in recent history.

    This is not the first time that Capo has warned the community of an impending crash. Back in May, when the Bitcoin price was hitting new all-time highs, the analyst had warned that the market could reverse its gains. On May 15, he posted a picture of a Black Swan, suggesting that prices could crash. Since then, most altcoins have reversed their gains, with only Bitcoin managing to maintain most of its gains from that time period.

    Bitcoin price chart from TradingView.com
    Market turns bullish after BTC surge | Source: BTCUSD on TradingView.com

    Featured image from Dall.E, chart from TradingView.com



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleVanquis Pledges to Redirect Ineligible Customers to Fair Finance for Benefit Assessments
    Next Article International Consolidated Airlines (IAG) shares: here’s the share price and dividend forecast for the next 12 months!
    FintechFetch
    • Website

    Related Posts

    Blockchain

    Tether Q2 Net Profit Hits $4.9 Billion, Pushing Total Earnings To $5.7 Billion

    August 1, 2025
    Blockchain

    Pump.Fun (PUMP) Soars 30% From Lows Amid Token Buybacks

    August 1, 2025
    Blockchain

    Solana Faces Ethereum Scam Woes as TD Sequential Hints at Bullish Breakout

    July 31, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Bitcoin Investors No Longer Greedy

    June 21, 2025

    Tron (TRX) Looks to Reclaim ATH as Sharpe Ratio and Risk Metrics Signal Strength

    May 22, 2025

    Shiba Inu Smashes Records—1 Billion Transactions And Counting

    April 2, 2025

    David Protein Is Now Selling Frozen Cod Fillets

    July 25, 2025

    These 4 FTSE shares have crashed hard. Which do I like today?

    April 11, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Europol Busts $540 Million Crypto Laundering Network

    July 1, 2025

    Analyst Says Don’t Trade Until This Happens

    July 5, 2025

    How to Deal With Slow-Paying Customers the Right Way

    July 10, 2025
    Our Picks

    Establishing “Expected Behavior”: Using Median, Standard Deviation and Avg to Detect Suspicious Txns: By Joseph Ibitola

    August 1, 2025

    Sunil Mascarenhas Appointed CEO of SDAX

    August 1, 2025

    Celsius Energy Drink May Contain Alcohol in Labeling Mixup

    August 1, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.