In Two Weeks Bitcoin (BTC) Price Will Drop and This Will Happen to Altcoins

According to cryptocurrency analyst Crypto Tony in a tweet he shared with his more than 300,000 followers, he expects Bitcoin’s price to drop to the $31,000 – $32,000 level over the next few weeks.

With the price of Bitcoin presently at $35k, Crypto Tony is sticking to his plan that Bitcoin will face rejection around current levels and descend to retest lower support.

He predicts that once Bitcoin declines to $31k-$32k, altcoins will benefit from picking up liquidity flows.

Crypto Tony believes a minor “altcoin season” could occur when Bitcoin falls to that range, as money rotates out of Bitcoin into alternative cryptocurrencies.

Read also:

In summary, Crypto Tony forecasts Bitcoin dropping to $31k-$32k within two weeks, which he thinks will coincide with increased upside momentum and gains for the altcoin market.

We recommend eToro

74% of retail CFD accounts lose money.
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy thetrades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of


Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.