Capo: The “Bottom Is In”, Predicts Rally For Two Altcoins: Fetch.ai & COTI

According to a widely-followed cryptocurrency trader and analyst, known as Capo, the “bottom is in” following a turbulent week in the crypto market.

The pseudonymous trader shares with his 165K followers on Twitter that price patterns suggest Bitcoin (BTC) is not going to fall below the $38,000 support level.

I have to say:

BOTTOM IS IN

— il Capo Of Crypto (@CryptoCapo_) September 24, 2021

“38k seems invalidated. It dumped to 39.5k and the inability to reach the lower target shows weakness from bears.

Bulls have shown strength breaking 44k with negative fundings, so I’m bullish.”

Bullish on Altcoins

The analyst appears to be focusing on making profits from altcoins, is bullish on the market as a whole.

Impossible not to be bullish on altcoins. pic.twitter.com/BBrHJuYVqV

— il Capo Of Crypto (@CryptoCapo_) September 24, 2021

Fetch.ai (FET)

Out of the sea of altcoins, Capo focuses on two. First is the artificial intelligence blockchain project Fetch.ai (FET).

“This chart is incredibly bullish. Support/Resistance flip of the range high. Pump incoming.”

$FET

This chart is incredibly bullish.

S/R flip of the range high. Pump incoming. pic.twitter.com/23XNCBE5dJ

— il Capo Of Crypto (@CryptoCapo_) September 23, 2021

COTI (COTI)

The second is fintech payment solutions platform COTI (COTI).

“COTI retesting the all-time high. Ready for another leg up. [Here’s] a better view of $COTI. Very bullish.”

A better view of $COTI

VERY bullish pic.twitter.com/vnc6ogQj8q

— il Capo Of Crypto (@CryptoCapo_) September 24, 2021

At the time of writing, FET is trades at $0.795 at time of writing, down 1.9% on the daily chart, as per data from Coingecko. COTI trades at $0.51, with 3.2% loss in the same time frame.