Trader That Called 2022 Market Crash Predicts Big Correction for Bitcoin, Ethereum and Solana Before Massive Rallies
A veteran trader known for calling the collapse of 2022 is predicting big fakeout dips for Bitcoin ( BTC ) and two top altcoins before fresh explosive rallies.
Posting in his Telegram channel, pseudonymous crypto analyst Capo tells his audience that Bitcoin may plummet to around $81,450, a 14% decline from its current value.
However, he suggests that BTC may slingshot to fresh all-time highs after the correction, surging past $112,000 sometime next month.
Source: Crypto Capo/Telegram
Bitcoin is trading for $94,607 at time of writing, down 1% in the last 24 hours.
Next up, the analyst suggests that Solana ( SOL ) may correct to as low as $130, a more than 20% decline from its current value.
Source: Crypto Capo/Telegram
After the correction, Capo suggests that SOL may surge to a new all-time high of around $320.
Solana is trading for $163 at time of writing, down 8.6% on the day.
Lastly, the analyst suggests that Ethereum ( ETH ) may dip to $1,860, a more than 21% decline from its current value.
Source: Crypto Capo/Telegram
After the potential severe ETH correction, Capo says ETH may go on a massive rally that could surpass its all-time high of about $4,800 and hit new all-time highs above the $5,000 range.
Ethereum is trading for $2,635 at time of writing, down 3.6% in the last 24 hours.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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