A pseudonymous crypto analyst, the Capo, has predicted the potential bottoms on Bitcoin (BTC), Ethereum (ETH), and two other smart contract platforms Cardano (ADA) and Solana (SOL).
- BTC: $40,000
- ETH: $3,000
- ADA: $1.02
- SOL: $125
Talking about BTC, the analyst predicted that Bitcoin will drop down to $40,000 or slightly below, before bouncing back.
Capo also suggests that the current price range of BTC, which is between $40,000-$45,000 is one of the best opportunities to buy BTC this year.
In the case of ADA, the analyst thinks that prices will fall till they have reached around $1, and then it would rise again.
The outlook of the analyst for ADA seems to be bearish, but for the long-term forecast, it is more bullish. He has even forecasted that, if ADA can hold at $1.00, then a price surge to $10 is very much possible.
Disclaimer: The article is meant for the educational purpose only and in no way it should be considered as financial advice. Own research on the topic is advisable.
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