en.bitcoinsistemi.com
Il Capo of Crypto, a well-known cryptocurrency analyst, shared his new views following the recent surge in Bitcoin’s price.
Having risen by approximately 8% in the last three days, the price of $BTC is currently trading around $97,000 at the time of writing.
Analyst il Capo argued that a pullback from the current level is highly probable. However, he stated that the main targets would still remain valid despite this pullback. The analyst’s main target for Bitcoin is between $100,000 and $110,000, and for Ethereum between $3,700 and $4,000.
At the time of writing, Ethereum is trading at $3,359. Similar to $BTC, $ETH has also seen an 8% increase in the last three days.
In addition, il Capo stated that he expects altcoins to outperform $BTC and $ETH until the Bitcoin and Ethereum prices reach those targets. The analyst anticipates altcoins performing well until a potential lower peak forms in these two cryptocurrencies.
*This is not investment advice.