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Analyst il Capo Predicts BTC Target of $100,000-$110,000 as Altcoins Poised to Outperform
Source: CryptoNewsNet Original Title: Experienced Analyst il Capo Shares His Latest Hot BTC Views Following Bitcoin’s Rise Original Link: A well-known cryptocurrency analyst, il Capo, shared his latest market views following Bitcoin’s recent surge.
Bitcoin has risen approximately 8% over the last three days and is currently trading around $97,000. According to il Capo, a pullback from current levels is highly probable. However, the analyst maintains that his main targets remain valid despite potential pullbacks. His primary target for Bitcoin is between $100,000 and $110,000, while for Ethereum the target range is $3,700 to $4,000.
Ethereum is currently trading at $3,359, having also gained approximately 8% over the past three days.
Additionally, il Capo expects altcoins to outperform both BTC and ETH until Bitcoin and Ethereum prices reach their target levels. The analyst anticipates strong altcoin performance until a potential lower peak forms in these two major cryptocurrencies.
*This is not investment advice.