Popular crypto analyst Capo said in a recent series of tweets that he is optimistic about the short-term future of Bitcoin (BTC) and altcoin projects are preparing for a rally. He thinks that if his analyst expectations come true, Cardano (ADA) price will retest old ATH levels. here are the details…
Capo shared his predictions for 2022 in Bitcoin
Popular crypto analyst Capo is still optimistic about the short-term future of Bitcoin (BTC) while predicting an inevitable altcoin rally. The altcoin prophet tells his 227,400 Twitter followers that the first quarter of 2022 “should be bullish” for the largest cryptocurrency by market cap:
It is still above key support ($40,000-$42,000) and the new uptrend is solid. Hidden bullish divergences occurred during the November correction.
Altcoin projects are on the verge of a big boom, according to the analyst
BTC is 1% in the last 24 hours at the time of writing. 47,963 down 6 percent. It is trading at $93. The largest cryptocurrency by market cap is down nearly 18% from where it was priced a week ago. Capo also thinks that altcoins are on the verge of a big boom.
https://twitter. com/CryptoCapo_/status/1475857793919897603
Analyst shares ADA price predictions
Cryptocoin. com, Capo recently predicted that ADA, the native cryptocurrency of smart contract platform Cardano, could surpass its previous all-time high (ATH) as part of a wider altcoin surge. Since ADA hit around $3.10 ATH in early September, it has endured a drastic price correction of more than 57%.
- The seventh-ranked cryptocurrency by market cap is currently trading at $1.35, down more than 15% over the past 24 hours, with a stable price.
