966: CRYPTO TRADER WHO CALLED CURRENT MARKET COLLAPSE MAKES BITCOIN BOTTOM PREDICTION - HERE'S HIS TARGET

The widely followed crypto trader and analyst who accurately called the current cryptocurrency market downturn says the pain is nearly over and has a particular price target for Bitcoin in mind.

Pseudonymous trader Capo tells his 400,000 Twitter followers that the flagship crypto asset (Bitcoin) is in the process of forming a bottom about 17% down from current prices.

"BTC low time frame. Local bottom formation between $16k-17k."

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