Capo Predicts Bottom Levels For Bitcoin, Ethereum, Solana And Cardano

A pseudonymous crypto analyst, known as Capo, looks into Bitcoin (BTC) and Cardano (ADA) and predicts that these two plus, Ethereum (ETH) and Solana (SOL) will bottom out and return to their larger bull cycles.

Capo shared with his 232K followers on Twitter the levels where BTC, ETH, ADA and SOL could potentially bottom out.

“Potential bottoms:

BTC $40,000

ETH $3,000

ADA $1.02

SOL $125.”

Bitcoin (BTC)

Looking into Bitcoin, Capo expects a scenario where the leading digital asset goes down just below $40,000 before bouncing sharply and reclaiming the $50,000 level again.

“Expecting something like this for the bottom formation

Blue line is $40,000″

$BTC

Expecting something like this for the bottom formation

Blue line is 40k pic.twitter.com/rtsNq0toQF

— il Capo Of Crypto (@CryptoCapo_) January 9, 2022

The crypto analyst says that the current price range for BTC represents what will become one of the best trade entries of 2022.

“I’m buying between $40,000-$45,000. This is one of the best buying opportunities for this year, by far.

Consolidation below $40,000 would prove me wrong.”

I'm buying between 40k-45k. This is one of the best buying opportunities for this year, by far.

Consolidation below 40k would prove me wrong. https://t.co/pyzHgNVTsc

— il Capo Of Crypto (@CryptoCapo_) January 6, 2022

At the time of writing, BTC has reclaimed $42K level after dipping briefly below $40K, and now is trading at $42,102.

Cardano (ADA)

Regarding Cardano (ADA), Capo believes that ADA will continue to trade around the current price ranges and end up around the $1.00 range before reversing its trend.

“ADA breaking support and going straight to the buy zone.”

$ADA breaking support and going straight to the buy zone pic.twitter.com/BtVkoAeVvF

— il Capo Of Crypto (@CryptoCapo_) January 8, 2022

While on the short term Capo seems bearish on ADA, his longer term forecast is quite bullish. Last month, Capo predicted that ADA would rise 600% higher than current prices. If ADA can hold the $1.00 level, then a rally to $10 this market cycle is not unreasonable, according to the analyst.