A well-known crypto analyst, known as Capo, is predicting a big rally for Bitcoin and altcoins. He believes the market has bottomed out and is ready to surge.
Bitcoin to Soar?
Capo, who correctly predicted the 2022 crypto crash, is bullish on Bitcoin. He thinks Bitcoin will break through $73,200 after it surpasses the $65,000 resistance level. He sees this as a sign of a strong upward trend.
Altcoins Poised for a Comeback
Capo is also optimistic about altcoins. He’s looking at the “OTHERS” chart, which tracks the market cap of all cryptocurrencies excluding the top 10 and stablecoins. He believes the altcoin market is ready to rally after it successfully held above $240 billion.
FET: An AI-Focused Crypto
Capo is also keeping an eye on FET, the native token of the Artificial Superintelligence Alliance. This project combines three AI-focused protocols: Fetch.ai, Singularitynet, and Ocean Protocol. He believes FET is ready to move higher after it bounced off the $1.25 support level.
Disclaimer
Remember, this is just one analyst’s opinion. It’s important to do your own research and not rely solely on predictions. Investing in cryptocurrencies is risky, and you should only invest what you can afford to lose.
