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After the Sudden Decline in Bitcoin, Analyst il Capo, Who Said There Would Be a Drop This Morning, Published a New Last-Minute Evaluation!
After yesterday's rise in the cryptocurrency market, there was a sudden decline today.
The world's largest cryptocurrency Bitcoin managed to rise above $102,000 yesterday evening. However, today, along with an unknown decline, the BTC price has lost approximately 4.5% in value and is trading at around $97,854 at the time of writing this article.
Crypto analyst il Capo, well-known in the cryptocurrency market, shared his latest evaluation about the situation.
The analyst had predicted a 5% to 15% drop in the market this morning and claimed it was an opportunity to 'buy at the bottom'. The analyst referred to his morning message, saying that the scenario he outlined was starting to unfold. Additionally, he mentioned adding to his portfolio at this level.
He also said that as he had targeted, the price of Bitcoin reached $97,000, and the price of Ethereum reached $3,500, so he made more altcoin additions at the current situation. He also added that he has 75% market exposure. According to the analyst, it seems likely that a local bottom has been found.