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- Bitcoin started the day on a high, surpassing $65,000, but news from the SEC caused a drop below $64,000.
- Well-known crypto analyst, il Capo of Crypto, predicts a continuation of the upward trend.
- Il Capo reveals he has opened long positions in altcoins ZCX and SOL.
Renowned crypto analyst, il Capo of Crypto, remains bullish on Bitcoin and altcoins, despite a slight dip in BTC’s value. He reveals his long positions in ZCX and SOL.
Bitcoin’s Volatile Day
Bitcoin had a mixed day, starting on a high note by surpassing the $65,000 mark. However, news from the Securities and Exchange Commission (SEC) caused a dip below $64,000. Despite this fluctuation, il Capo of Crypto, known for his bearish views and often criticized by investors for his pessimistic predictions, expects the upward trend to continue.
Il Capo’s Predictions and Investments
Il Capo believes that the short-term correction has ended and anticipates a continuation of the upward trend. He has revealed that he has opened long positions in some altcoins from their bottom levels, including ZCX and Solana (SOL). However, he has chosen not to share his long positions in altcoins with a market value below $100 million, as he does not want to influence their prices, even positively.
Conclusion
Despite the volatility in the crypto market, experts like il Capo of Crypto remain optimistic about the future of Bitcoin and altcoins. As always, investors are advised to do their own research and consider the risks before making any investments.
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