Renowned Trader ‘il Capo Of Crypto’ Covers Bearish Altcoin Bets as Bitcoin (BTC) Marches On

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“No, I am not bullish, just neutral. I’m not buying yet nor closing the shorts that are in profit, just the losing positions to derisk a bit. If the price goes back below the support zone, I will start adding shorts again,” Capo told CoinDesk. “the macro looks very bad, with a recession being likely, two big wars… and Binance could face big problems, that’s why I’m still big short BNB.”

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