Bitcoin ‘Should Dump To 45K,’ Trader Says: ‘The Day Capo Goes Bullish Is The Day We Top’
Pseudonymous trader Capo of Crypto, notorious for making consistent bearish predictions, doubled down on another bearish call — much to the amusement of social media. What Happened: A screenshot from the trader’s Telegram group shows a prediction calling for Bitcoin to “dump” to $45,000: Coincidentally, the call came hours before Bitcoin (CRYPTO: BTC) blasted through its previous resistance of $53,000 for a 12% daily gain. Capo has gained notoriety for being a “perma bear,” a permanently bearish trader. On Feb. 12, Capo expected a rejection from the $50,000 level for Bitcoin, while on Dec. 22,…