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A popular crypto strategist who accurately predicted Bitcoin would slice through $30,000 last month says BTC looks poised to capitulate even after its latest rally.
Pseudonymous cryptocurrency analyst Capo tells his 335,700 Twitter followers he expects Bitcoin to print a fresh 2022 low once BTC bears take out support at $28,500.
βClean range. What is happening inside the range and what has happened at the range high shows that this is clear redistribution range. Clean break of the range low = last leg down confirmed = $21,000-$23,000.β
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