Bearish Analyst il Capo Announces He Will Buy Another Altcoin After UniSwap: Price Reacted Instantly
Il Capo of Crypto, one of the most well-known and at the same time most criticized analysts in the cryptocurrency world, announced that he made changes to his portfolio.
The analyst stated in his statement that he purchased SushiSwap (SUSHI) at the current level of $ 1.07. According to the chart he shared, the analyst expects SUSHI to rise above $5.50 first. However, it targets $0.45 with a sudden drop after this level.
There was a slight movement in the price of SUSHI in the minutes when il Capo shared his statement:
However, in the previous portfolio change announced approximately five days ago, il Capo had purchased UNI for $ 6.54 and announced that it was targeting between $ 12 and $ 14.50. Although not enough time has passed yet, the UNI price is trading at $6.48 at the time of this writing.
In addition, the analyst also talked about the distribution of his current portfolio. il Capo announced that his wallet consists of 70% cash dollars and 30% altcoins. il Capo is particularly known for his bearish predictions, but lately he has been buying altcoins and betting that altcoins will experience one last pump.
However, he constantly states that his ultimate target for Bitcoin is $ 12,000.
*This is not investment advice.
