Il Capo of Crypto’s Analysis on Bitcoin and Altcoin Prices

Il Capo of Crypto, a well-known analyst in the cryptocurrency realm, shared his insights following recent developments in Bitcoin and altcoin prices.

As is known, the Bitcoin price has experienced a significant downturn in recent days. At the time of writing this article, it is trading at $84,556, which is 22% lower than its all-time high of $109,000.

This decline is attributed to the inflationary effects of tariffs threatened by Donald Trump on almost all other countries, alongside economic uncertainties in the United States.

However, Il Capo noted in his latest analysis that despite this decline, the main plan remains unchanged. With prices currently lower than expected, the previously mentioned “dead cat bounce” price movement could potentially be stronger.

The analyst laid out his projections for the cryptocurrency market as follows:

• A rapid pump of 10% to 20% may occur soon, but this will be a bull trap.
• The bull trap will be followed by a second wave of declines of 20% to 50%.
• After this last wave of declines, a legendary altcoin season will begin.

This is not investment advice.