Legendary Analyst il Capo shared his expectations for altcoins after the recent rises in Bitcoin!
il Capo stated that the event of Bitcoin reaching $90,000 is something expected in his scenario. He then expressed that he expects altcoins to perform better than BTC in the upcoming days.
The analyst mentioned that he expects this rise, which he believes is from a local bottom, to push BTC even higher and potentially lead to a jump above $100,000. He added that he expects the price of Ethereum (ETH) to rise between $3,500 and $4,000.
However, he stated that he does not agree with views that BTC's price will break a new all-time high record. He recalled that some analysts mentioned levels above $150,000.
According to il Capo, the bull cycle trend has been broken, and the cycle peak for BTC price has already been seen. The analyst claimed that the current rise will end with a new peak at a level lower than the record.
