CryptoCapo: BTC may not have hit bottom yet and may fall below the $100000 to $92000-93000 range

Renowned cryptocurrency analyst CryptoCapo stated that in his opinion, the real selling event of Bitcoin may not have occurred yet. He predicts that the price of Bitcoin may fall below the range of $100000 to $92000-93000, and if it continues to decline, it may reach a potential bottom of $60000-70000. He also pointed out that if this trend is realized, altcoins may face a further 50% -80% risk of decline. CryptoCapo revealed that since late May, he has started net short selling the market, mainly targeting altcoins, and plans to continue increasing his short positions.