Bitcoin's Potential Collapse: Il Capo Foresights the Probability
In the ever-volatile world of cryptocurrencies, market analyst and trader Il Capo of Crypto has issued a bearish outlook for the market once again, following a brief period of bullishness driven by Bitcoin's significant price rise.
According to Il Capo, who has built a reputation for timely market calls that often align with subsequent price moves, the market has shown signs of recovery but is still not out of the woods. He predicts that altcoins and the broader market are set for further declines, suggesting that the market bottom has not yet been reached.
Regarding price targets for Solana (SOL), Il Capo has identified a potential range of $60 to $80. Solana’s price has recently fallen about 20% from a key resistance level, according to the analyst. This target is tied to his view that the overall capitulation process in the cryptocurrency market has not started yet, implying more downward pressure for Solana and other altcoins before a potential rebound.
For Ethereum (ETH), while Il Capo’s specific price targets are not detailed, his bearish stance on altcoins suggests caution on Ethereum as well. As of early July 2025, Ethereum is trading at around $2,508.58, with minor fluctuations and a generally consolidative trend in the market.
Bitcoin (BTC) currently sits comfortably above its 20-, 50-, and 100-day moving averages, all pointing upward. However, Il Capo warns that a 20% retracement is expected, with traders bracing for this to use it to lighten leverage or add at support. A "crash" of Bitcoin feels unlikely without a clear catalyst, and a slow move to the downside with small reversals is possible.
Il Capo's analysis advises investors to be cautious due to potential further declines, particularly in altcoins like Solana, while Bitcoin’s price momentum remains uncertain in the near term. His message is not mere pessimism but a call to action: protect capital, tighten stops, and focus on key levels.
In a detailed chart-based case on June 28, 2025, Il Capo laid out a case for Solana's potential 58% fall into the $60-$80 range. Since late May, he has been adding to short positions across high-beta altcoins like BNB, TRX, MATIC, and AAVE.
As of June 2025, Il Capo has over 968,600 followers on X and 128,554 followers on Telegram. His technical indicators-based Bitcoin price prediction mainly reflects his bearish outlook on the market.
Investors should exercise caution, particularly in altcoins like Solana, as Il Capo anticipates further declines following his prediction of a potential 58% fall into the $60-$80 range for Solana. Meanwhile, Il Capo's bearish stance on altcoins also suggests being watchful for Ethereum, despite not providing specific price targets.
