Bitcoin News Today: "Macro Forces and EMAs Converge: BTC's $60k Bottom Looms in Big Reset"

Bitcoin price prediction veteran il Capo of Crypto has intensified his bearish stance, forecasting a potential multi-tiered decline in Bitcoin and altcoins over the weekend and into the following week. The analyst, with over 968,600 followers on X and 128,554 on Telegram, emphasized technical and on-chain signals to justify his outlook. On June 30, 2025, he outlined a scenario where Bitcoin (BTC) could fall below $100,000, test $92,000–$93,000, and potentially reach $60,000–$70,000 as cycle lows. These levels, he argued, represent key support/resistance flips and liquidity clusters that could drive further downward momentum Bitcoin Going to Crash? Il Capo Predicts the Possibility^[1].

Il Capo's analysis highlights critical vulnerabilities in altcoins, particularly Solana (SOL), Ethereum (ETH), and high-beta tokens like BNB and AAVE. He described recent altcoin recoveries as "dead cat bounces," with SOL facing a 58% drop into the $60–$80 range and ETH at risk of a 10% pullback if it fails to reclaim key resistance zones. Since late May, he has been systematically adding to short positions across these assets, projecting 50%–80% declines if Bitcoin's descent accelerates Bitcoin Going to Crash? Il Capo Predicts the Possibility^[1].

The analyst's framework combines classical chart patterns with on-chain metrics such as exchange flows and whale activity. He noted that Bitcoin's current position above its 20-, 50-, and 100-day EMAs (106k, 104k, 100k) provides temporary support, but a break below the 200-day EMA (~94k) could trigger panic selling. Average true range (ATR) of $2.6k suggests daily swings of $2,000–$3,000 are normal, but a $10,000 overnight drop would require a real-world shock-such as a major exchange outage or regulatory reversal-which he deemed unlikely Bitcoin Going to Crash? Il Capo Predicts the Possibility^[1].

Il Capo's warnings extend beyond short-term volatility. In a broader context, he has warned of an impending "Big Reset" linked to macroeconomic trends, including the Federal Reserve's easing cycle and global liquidity dynamics. While acknowledging short-term optimism tied to tariff postponements, he framed the current rally as artificial, driven by ETF inflows and stablecoin issuance. He predicted a cyclical reversal by September 2025, likening it to the November 2021 peak, with BTC's resilience facing unprecedented stress if a global crisis materializes Veteran Analyst il Capo Says “Big Reset Coming”, Predicts ...^[2].

Market participants are closely monitoring key levels for directional cues. A failure to reclaim $107,000 could reinforce bearish sentiment, while a sustained break above $92,000 might offer temporary respite. However, il Capo's focus remains on risk management, urging traders to tighten stops and prioritize liquidity preservation amid heightened volatility Bitcoin Going to Crash? Il Capo Predicts the Possibility^[1].