Will There Be Another Final Drop? Legendary Analyst Il Capo Explains!- A Top Analyst Shares His Expectations for Bitcoin, Solana, Cardano and XRP!

While Bitcoin (BTC) and altcoins still remain uncertain, two prominent analysts shared their expectations.

Il Capo of Crypto, known for his bearish statements in previous years and frequently criticized by investors for his bearish comments, shared his expectations for the altcoin market.

In a post from his Il Capo X account, he said he predicted that altcoins would experience another 20%-40% drop from current prices before reaching the bottom.

The analyst added that he would buy on a dip and wrote:

“Based on the current situation and recent technical analysis, I predict another 20%-40% drop for altcoins from current prices before a significant local bottom is reached.

If there is a drop, I am ready to buy.”

Based on the current situation and recent technical analysis, I see another potential 20%-40% drop for altcoins from current prices before an important local bottom is reached.

I'm ready to buy the dip if it happens.

— il Capo Of Crypto (@CryptoCapo_) February 11, 2025

Bitcoin, XRP, Solana and Cardano are giving Bearish Signals!

Ali Martinez, a prominent crypto analyst outside of Il Capo, also shared his expectations. The analyst pointed out that a sell signal was formed in the Bitcoin (BTC), XRP, Solana (SOL) and Cardano (ADA) charts from the X account.

“BTC, XRP, SOL, and ADA may be ready for a short pullback as the TD Sequential indicator is giving sell signals on their hourly charts!”

According to the analyst, this pullback may be short-term.

*This is not investment advice.