Bitcoin Price Will Likely Drop To $16K by Mid-September!

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The anonymous crypto analyst Capo is optimistic about BTC until it recaptures the $23,000 resistance level.

As per Capo, “There are a lot or shorts aping here at support, after taking the lows. Short squeeze is still likely. I’m short-term bullish until $23,000-$23,500.”

However, The analyst Still believes that once BTC price hit $23,500, It will likely fall back toward $16,000 by mid-September.