Top crypto analyst Capo has indicated that the Bitcoin price crash is not over. This comes amid a rebound in the flagship crypto, which has climbed from the lows recorded during the recent crypto market crash.
In his latest market update, Capo predicted that the Bitcoin price could still drop another 30%. This came as he noted that the flagship crypto remains above $100,000, far from the $60,000 to $70,000 range that would align with a complete market correction. He added that until then, the downside potential remains significant.
This market update comes amid the crypto market crash last Friday, when Bitcoin fell to as low as $104,000 following Trump’s announcement of a 100% tariff on China. $19 billion was wiped out from the crypto market, marking the largest liquidation event ever. Capo opined that the event was likely the ‘pre-Black Swan event’ and the first phase of something larger.
The analyst noted that altcoins have already seen historic capitulation, but that several major coins still haven’t fully flushed. Capo asserted that the wicks should eventually be filled and that lower levels may still be ahead for the Bitcoin price and the broader crypto market. Meanwhile, he mentioned that a brief consolidation over the weekend was likely but that more downside should follow this week as the global markets open.
The Bitcoin price bounced over the weekend, reaching as high as $116,000, as long positions piled up again following the wipeout. Crypto analyst The King Fisher highlighted upside liquidity of up to $118,000, noting that “weekends are for BTC range liquidations fishing.” It is worth mentioning that BTC had also rebounded thanks to Trump’s statement on Sunday, in which he allayed fears of a full-blown trade war with China.
Crypto analyst Titan of Crypto assured that the bull market is not yet, indicating more upside for the Bitcoin price. The analyst explained that the bull market starts when BTC reclaims its 50 SMA and that the bear market starts when it loses it. The flagship crypto also achieved a weekly candle close above $112,000, which confirmed Titan of Crypto’s thesis.
Meanwhile, crypto analyst Jelle noted that the Bitcoin price is back at the $115,000 resistance area. He further remarked that a successful reclaim of this level could send the flagship crypto to a new all-time high (ATH). BTC had hit a new all-time high above $126,000 before last week’s crash, which erased its October gains.
At the time of writing, the Bitcoin price is trading at around $115,100, up over 3% in the last 24 hours, according to data from CoinMarketCap.


BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
