A popular crypto analyst has pointed out a new price target for Bitcoin (CRYPTO: BTC), altcoins and s**t coins.
What Happened: According to pseudonymous analyst “Capo of Crypto,” BTC will drop somewhere between $12,000 and $14,000. At the time of writing, BTC was trading at $16,201, down 2% in the last 24 hours.
Capo tweeted that when BTC breaks below the $16,000-mark, it will teleport somewhere between $12,000 and $14,000.
When it breaks below 16k, it teleports to 12k-14k. pic.twitter.com/PuaDBSmRL7
— il Capo Of Crypto (@CryptoCapo_) November 28, 2022