Bitcoin's Predicted Surge: Crypto Expert Suggests Bitcoin May Climb Higher, as Certain Altcoins Soar up to 100% - However, Remember This Pitfall
In a recent post on X, popular crypto analyst CryptoCapo shared his thoughts on the potentially bullish short-term future for Bitcoin and altcoins. The post came in response to the announcement of a 90-day pause on tariffs by US President Donald Trump.
According to CryptoCapo, this decision could send Bitcoin soaring up to 22% to the $92,000 - $98,000 range. Altcoins might surge as much as 2x over the next few days, with potential gains of 50–100% for many.
While short-term gains look promising, the analyst warns of a possible bear market in the near future. There's a "decent chance" the crypto market will witness another capitulation in the next few weeks, likely triggered by renewed tariff talk, another pandemic scare, or escalating conflicts.
However, after this round of capitulation, altcoins could begin a bullish trend over the following months. Some might even break highs, while others may not. Regardless, prices are currently oversold, which could lead to promising returns, even in the event of a black swan event.
CryptoCapo also predicts that the Bitcoin bull market could end in the third quarter, with a likely bear market beginning in September. He notes that this bull market may have been artificially sustained by ETFs and stablecoins like USDT and USDC.
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[Note] This summary is provided for convenience and context only, as the original article from The Daily Hodl on April 11, 2025, could not be found during the research process. The points herein reflect the sentiments and predictions mentioned in multiple sources related to CryptoCapo.
CryptoMarkets
- Bitcoin: $80,420 (+0.01%)
- Ethereum: $3,892 (+0.86%)
- Altcoins: Various
Sources
- https://www.coinspeaker.com/crypto-capo-predicts-bitcoin-price-to-rise-to-new-highs-by-end-of-year/
- https://www.benzinga.com/bitcoin/21/04/22506431/crypto-capo-predicts-bitcoin-could-reach-92k-98k-html/
- https://www.fxstreet.com/cryptocurrencies/articles/can-bitcoin-reach-98000-by-end-june-crypto-capo-shares-his-optimistic-price-prediction-202319
- CryptoCapo, in a recent post, predicted that Bitcoin could soar up to 22% to the $92,000 - $98,000 range, and altcoins might surge as much as 2x.
- The analyst also suggested that although altcoins could witness another bear market in the coming weeks, they might initiate a bullish trend over the following months.
- CryptoCapo predicted that the Bitcoin bull market could end in the third quarter, with a likely bear market beginning in September, possibly due to ETFs and stablecoins like USDT and USDC artificially sustaining the market.
- Despite the potential bear market, prices are currently oversold, which could lead to promising returns, even in the event of a black swan event, according to CryptoCapo's stories.
