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#If Bitcoin holds $70K support, next $80K?#
Crypto Capo, a name that is famous in the industry for its collapse predictions, has shared new analysis as of today. Commenting on the collapse of the leading cryptocurrency Bitcoin (BTC) as well as altcoins, Capo said that he already expected these declines to occur.
Capo, who predicts a collapse at every opportunity even when Bitcoin is at the level of 15 thousand dollars, stated that he expects a little more decline for new altcoin purchases:
"These kinds of moves cause a lot of people to lose a lot of money. I've been working hard to prevent these kinds of declines, and I hope that my work can help a lot of people.
It's important to make money, and there are always opportunities to make money, but it's much more important to maintain capital, because you can't make money without capital to invest.
Like I said before, I'm watching and waiting right now without making any moves. I expect some altcoins to give bigger buying opportunities soon, but not yet."
Apart from altcoins, Capo, who also analyzes the leading cryptocurrency Bitcoin (BTC), expects BTC to rise to $60,000 and then $75,000 in the coming period.
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