Analyst that predicted the crash from 2022 warns of a Bitcoin price drop to $ 60,000

A well -known cryptoanalyst, who is known for its exact predictions of the 2022 market crash, raises the alarm because of the current price development of Bitcoin.

Under the pseudonym Capo warned The analyst that Bitcoin could experience a strong correction if it is not possible to maintain support over $ 92,000.

After a recovery of almost $ 75,000 in April, Bitcoin has now entered an area that Capo describes as critical, namely between $ 92,000 and $ 98,000.

He realizes that holding over $ 93,000 keeps the prospects bullish – however, a drop below $ 92,000 could open the door for a severe decline, possibly up to $ 60,000.

Capo also indicated signs of a short -term distribution in this zone, which could indicate that the current rally loses swing. Nevertheless, he believes that old coins could still have scope as long as Bitcoin fluctuates in this range, even if he begins to take profits with them.

Meanwhile, Capo confirmed his optimistic attitude to render (render), a GPU-based decentralized computing platform on his telegram channel. The Altcoin has increased by 60% since its first entry point and has recently reached the level of $ 4.25. Based on his chart, he expects the next important goal to be around $ 6.58.