Legendary Analyst Il Capo Said "There Is a Bear Trap in Bitcoin", Revealed His Expectations!

Bitcoin and altcoins continue to be crushed under the announcement of new tariffs by President Donald Trump.

Amid the economic uncertainty fueled by tariffs, while BTC and altcoins are unable to rise, the analyst il Capo, known as a bear analyst, continues to remain optimistic about the market.

In his statements made through X and Telegram accounts, he indicates that Bitcoin is preparing for a rise, and despite the current downward trend, the overall picture is upward.

Il Capo stated that Bitcoin is ready for a rise and is currently trying to find its direction.

The analyst stated that the indicators for BTC are trending upwards in the short term, therefore another upward movement is still more likely.

However, it stated that Bitcoin needs to regain 85 thousand dollars for an upward movement.

“When Bitcoin regains 85 thousand dollars, the target will be between 92 thousand and 98 thousand dollars. This is also the next strong resistance area.”

Il Capo stated that Trump’s tariff announcement has already been priced in, saying “this means that Bitcoin could unexpectedly rise since most investors are still expecting a downward trend.”

Bear Trap!

Bitcoin is experiencing sharp declines due to tariffs, while the head argues that this is a bear trap.

At this point, Capo states that investors should not sell BTC, concluding that selling Bitcoin at this stage would be a big mistake.

The analyst, indicating that the recovery will be strong, stated that only one catalyst is needed for the rise.

"The situation with Bitcoin really looks like a bear trap. I think it would be a big mistake to sell here.

The jump must be strong. It only needs one trigger.