News View Non-AMP

Crypto Market Crashed! Here are the Potential Bottoms of the Current Capitulation Phase

Published by
Sahana Vibhute

Bitcoin & Ethereum prices marked new lows for 2022 below $16,000 and $1,000, respectively. While a slight recovery has been recorded in the past couple of hours, it may be just an attempt to lock up the bulls as the possibility of a notable bearish trend still prevails. A popular analyst maps the potential bottoms for BTC & other altcoins, which appear scary at the moment. 

The analyst, il capo of crypto , had rightly predicted the current market crash before. He had warned his 600K followers that the BTC price may be hammered at it reaches above the $21,500 mark. Meanwhile, the star crypto surged to test these levels and a massive rejection dragged the price towards the current levels. 

However, the analyst believes the capitulation phase has just begun and the market is due to witness another leg down.

The analysts mention the potential low for the assets and expect another 15% drop in BTC’s price and a 30% to 40% drop in the other altcoins. Moreover, he believes the local bottom could be reached in a week’s time as a lot of supply, dominated by altcoins, has been moved to the exchanges. 

Collectively, the crypto market crash majorly led by Binance appears to reach its destiny very soon. Moreover, with another leg down, Bitcoin (BTC) prices may eventually drop below the crucial support at $14,000, compelling the other altcoins to lose another 50% of their value in the coming days. 

Meanwhile, the FTX token (FTT) price, which is dropping at an average of 60% to 65% every day, may soon drop below a single-digit figure too. 

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Recent Posts

Best Memecoin To Buy Now? Pepeto Could Mirror Doge and SHIB Past Price Rallies

The memecoin world is going through a big transformation. Where tokens once thrived purely on…

July 5, 2025

These 4 Meme Coins Could 20x in 2025 as Spot Dogecoin ETF Nears SEC Approval

The meme coin market is heating up like never before—and 2025 might just be the…

July 5, 2025

Liked by Investors: This $0.03 Coin Has the Same Upside Potential as XRP (XRP) in Early Days

Years ago, XRP traded under a penny, shrugged off by many who didn’t fully grasp…

July 5, 2025

Why Remittix’s Unique PayFi Offering Has Cardano & XRP Whales Circling After $15 Million Is Raised!

Remittix is quickly gaining ground as a serious crypto player, especially after raising over $15.9…

July 5, 2025

XRP’s Tight Range Signals Imminent Move–Experts Predict Major Breakout

XRP is standing out with exceptional strength amid broader volatility in the crypto market. Analysts…

July 5, 2025

Is Ethereum Going To Find Resistance At $2,500 Or Are More Losses Incoming? Investors Are Hedging With RTX, SUI & KAS

Ethereum has shown signs of life, but traders aren’t fully convinced just yet. With $2,500…

July 5, 2025