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The Market’s Most Controversial Analyst il Capo Breaks His Silence: Reveals the Level He Expects BNB to Reach

source-logo  en.bitcoinsistemi.com 03 October 2023 15:36, UTC

Interesting predictions about BNB came from il Capo of Crypto, one of the most controversial analysts in the cryptocurrency world.

BNB, which briefly exceeded the $220 barrier, which is critical for it, last week, dropped from these levels at the time this article was written and is traded at $213.

Drawing attention with his bearish statements, il Capo claimed in his last message that BNB turned major support levels into resistance and showed a very strong bearish trend.

According to the analyst, the price of the coin has been hovering between $204 and $230 for almost two months, repeatedly testing the levels it had previously managed to surpass.

The analyst argued that he expected the bearish trend to continue and said that $180 was at least his target for now. In addition, il Capo claimed that the BNB price could decline further after $180.

However, the analyst in question made similar statements for Bitcoin and said that he had a target of $ 12,000. However, BTC price has gained value since this latest statement and is trading at $27,359 at the time of writing.

*This is not investment advice.