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A crypto strategist and trader who has long predicted a massive Bitcoin crash below $30,000 is revealing how low he believes BTC will go.
The pseudonymous cryptocurrency analyst Capo tells his 289,400 Twitter followers that Bitcoin’s free fall is not over yet.
He cites large whale transfers of BTC to crypto exchanges as the main force driving the current crash, and warns a significant amount of Ethereum has also been sent to the crypto exchange FTX.
As for his target low for Bitcoin, Capo says he believes BTC will land somewhere between $21,000 and $23,000.
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