In the world of cryptocurrency, timing is everything. Crypto traders are always on the lookout for that next big move, and if you’re among them, this might be the signal you’ve been waiting for. A respected trader, known as Capo, who made waves by accurately predicting the market collapse back in 2022, now says that the next crypto rally could be the “real breakout” — one that takes digital assets to unprecedented highs.
According to Capo, the recent bounce in Bitcoin, where it tested levels around $62,000 before breaking to its current $64,201, was just a “test pump.” In simple terms, this was a minor move to clear out short-term trades and prepare for something bigger. His view? The real rally is yet to come, and this is just the beginning of a larger upward journey.
Capo highlights that if Bitcoin holds above $62,000, we might see a leap towards $69,000-$70,000. And that’s not all — should Bitcoin manage to cleanly reclaim the $69,000-$70,000 range, we could even be looking at targets around $75,000-$80,000. For traders, this is a major milestone, a moment where short-term volatility could soon be overshadowed by a more substantial surge.
Capo isn’t just watching Bitcoin though; his attention is also on altcoins. He uses a chart known as “OTHERS,” which tracks the performance of all crypto assets excluding the top 10 and stablecoins, to get a feel for the altcoin market’s strength. According to his analysis, we’re in the final phases of a “pre-altseason” — a period marked by downtrends and recoveries. What comes next? A potential explosion for altcoins, a parabolic move that could drive their prices to new heights.
For traders, this is where it gets exciting. Capo’s analysis suggests we’re on the cusp of both a Bitcoin and altcoin surge. The altcoin market, which is currently valued at $213 billion, is showing signs of breaking into a new and more aggressive phase of growth. And if you’re a trader who’s been waiting for that “real” breakout, it seems the time might be approaching fast.
This doesn’t mean it’s without risk, of course. Capo, like any seasoned trader, advises ignoring the noise of short-term pullbacks and focusing on the broader, more significant trends. In a market as volatile as crypto, patience is key — but according to Capo, those who wait could be rewarded handsomely as both Bitcoin and altcoins make their move towards new highs.
So, are you ready? The signals are there, and for those watching the charts closely, this could be the rally that redefines the game. Capo’s prediction carries weight, and if his track record is anything to go by, we may soon witness the real breakout traders have been longing for.