Recently, popular pseudo-anonymous crypto analyst “KALEO” (@CryptoKaleo on Twitter) made a number of interesting price predictions for Bitcoin ($BTC) and Ethereum ($ETH).
On January 17, KALEO told his 321K+ followers on Twitter that he expected to see in H2 2021 the Bitcoin price to go over $100K, the Ethereum price to fo above $10K, more institutional adoption, and more FUD.
As for 2022–2023, he said that he expected to se major regulation against crypto, the Bitcoin price to fall to below $50K, the Ethereum price to drop below $1K, and for other cryptoassets to once again suffer heavy losses.
My predictions for 2022/2023:
– $BTC back down to ~$50K
– $ETH back down below $1K
– Alts die again
– Bears who were bearish the whole way up from here to the top call for infinite clout
– Major regulation comes against crypto. People call Bitcoin dead again (it isn’t)
— K A L E O (@CryptoKaleo) June 17, 2021
Later that day, KALEO went on to say:
According to data by CryptoCompare, currently (as of 21:50 UTC on June 20), $BTC and $ETH are trading around $35,595 (down 0.83% in the past 24-hour period) and $2,259 (up 2.28% in the past 24-hour period).