The analyst, known online as il Capo of Crypto, believes BTC might have hit a temporary ceiling somewhere between $96,000 and $98,000. Though that doesn’t necessarily signal an immediate drop, he appears more optimistic about Ethereum’s current price action — especially when comparing it to Bitcoin.
In addition to Ethereum, il Capo sees rising momentum in tokens tied to the Solana ecosystem, along with a handful of other unnamed altcoins that he believes are positioned for gains.
Earlier this week, the same analyst had pointed to $92,000 as a key support level for Bitcoin. He maintained that the overall bullish structure remains intact as long as BTC holds above that threshold.
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Il Capo’s recent outlook is notable because it marks a shift in tone. During the depths of the 2022 bear market, he was one of the more prominent voices warning of further downside, going as far as predicting a collapse toward $12,000 even after BTC recovered to $30,000. That call never materialized, and the market has continued its upward trajectory.
Now, with Bitcoin consolidating near all-time highs, attention seems to be turning to altcoins — especially those showing strength in comparison to BTC.
The post What’s Next for Bitcoin, Ethereum, and Solana? Analyst Breaks Down the Trends appeared first on Coindoo.