KOL Capo points to potential bottom for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Cardano (ADA)

The analyst nicknamed “Capo” is show potential bottoms for Bitcoin (BTC) and Ethereum (ETH) along with smart contract platforms Solana (SOL) and Cardano (ADA), where he thinks they will reverse trend to move bullish.

“Potential bottoms: BTC ($40,000), ETH ($3,000), ADA ($1.02) and SOL ($125).”

Bạn Đang Xem: KOL Capo points to potential bottom for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Cardano (ADA)

Looking at Bitcoin, Capo is expecting a scenario in which the price will drop slightly below $40,000 before rallying sharply and reclaiming $50,000 once again.

“Expect potential bottom formation. The blue line is $40,000″.

KOL Capo Points Out Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Cardano (ADA) Bottoms

Bitcoin Price Chart | Source: Capo/Twitter

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According to Capo, Bitcoin’s current price range is show that this is one of the most important trading points of 2022.

“I’m buying between $40,000 and $45,000. This is one of the best buying opportunities this year. Consolidation below $40,000 will prove me wrong.”

As for Cardano, the analyst thinks ADA will continue to drop below the current price and end up around the $1 range before reversing the trend.

“ADA breaks support and goes straight to buy zone.”

KOL Capo Points Out Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Cardano (ADA) Bottoms

ADA price chart | Source: Capo/Twitter

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While the outlook on Cardano looks bearish, his long-term forecast is quite upbeat. Last month, Capo was show predicts ADA price to increase more than 600% from current levels. He said that if ADA can hold $1, a rally to $10 in this market cycle is entirely possible.

KOL Capo Points Out Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Cardano (ADA) Bottoms

ADA price chart | Source: Capo/Twitter

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