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BTC Could Crash to $12,000, Do You Believe This Will Happen?

Published 10/12/2023, 07:46 PM
Updated 10/12/2023, 08:15 PM
BTC Could Crash to $12,000, Do You Believe This Will Happen?
BTC/USD
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  • Youtuber expressed his unbelief in Capo’s prediction of BTC crashing to $12,000.
  • BTC had a dodgy start to the week, then consolidated before crashing.
  • If BTC’s newly established uptrend continues, then, it could reach $30,000.

Crypto Youtuber Crypto Rover expressed his unbelief in a prediction made by Capo. Capo’s prediction forecasted that Bitcoin would drop to $12,000 before spiking again. This meant that BTC could break the support level at $25,200 and thereafter break the support at $19,000-$20,000 before reaching the $12,000 level. It could have either been his expert technical knowledge or his strong faith in BTC that could have created this unbelief in Rover.

When considering the behavior of BTC during the past week, it was priced at $27.65K when the markets opened for trading for the week. During the first few hours of day one, BTC gained value and thereafter crashed below the opening market price.

BTC/USDT 1-Weel Chart (Source: CoinMarketCap)

The dawn of the second day brought some hope. BTC starte…

The post BTC Could Crash to $12,000, Do You Believe This Will Happen? appeared first on Coin Edition.

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