{"id":138458,"date":"2024-10-03T18:30:13","date_gmt":"2024-10-03T15:30:13","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138458"},"modified":"2024-10-03T16:05:46","modified_gmt":"2024-10-03T13:05:46","slug":"analyst-predicts-possible-10-20-drop-in-bitcoin-price","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/analyst-predicts-possible-10-20-drop-in-bitcoin-price\/","title":{"rendered":"Analyst Predicts Possible 10-20% Drop in Bitcoin Price"},"content":{"rendered":"<p>Previously known for his optimistic views, il Capo has acknowledged the current market\u2019s lackluster performance.<\/p>\n<p>He suggested that a \u201cfinal pullback\u201d of 10% to 20% is plausible, which could present an opportunity for buyers looking to acquire assets at lower prices.<\/p>\n<p>The analyst predicts that if this scenario unfolds, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> might <strong><a href=\"https:\/\/x.com\/CryptoCapo_\/status\/1841601158114152912\" target=\"_blank\" rel=\"nofollow\">dip<\/a><\/strong> to a range of $48,000 to $50,000, while <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong> could see a drop to approximately $2,000.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/ftx-to-auction-worldcoin-tokens-at-up-to-75-discount-to-repay-creditors\/\" title=\"FTX to Auction Worldcoin Tokens at Up to 75% Discount to Repay Creditors\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ftx-exchange-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">FTX to Auction Worldcoin Tokens at Up to 75% Discount to Repay Creditors<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Recent geopolitical tensions, particularly between Iran and Israel following a missile attack from Iran, have contributed to Bitcoin\u2019s decline.<\/p>\n<p>However, a report from BlackRock indicated that Bitcoin typically rebounds around 60 days after such geopolitical unrest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency expert il Capo of Crypto has revised his outlook in light of Bitcoin&#8217;s recent downturn and the sluggishness in the broader market.<\/p>\n","protected":false},"author":3,"featured_media":102729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-138458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyst Predicts Possible 10-20% Drop in Bitcoin Price<\/title>\n<meta name=\"description\" content=\"Cryptocurrency expert il Capo of Crypto has revised his outlook in light of Bitcoin&#039;s recent downturn and the sluggishness in the...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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