Analyst Predicts ‘Great Depression’ in Cryptocurrency Market

In the coming weeks, a new capitulation of digital gold supporters is possible, with a bear market expected to begin in September. This opinion was expressed by the popular analyst known as Capo Of Crypto.

My thoughts for the rest of 2025 and 2026

Lately, I’ve been less vocal about my mid and long-term predictions. I’ve mostly focused on the short-term. That’s because, over the years, I’ve come to believe that the best approach is to focus on current data and the next moves. To…

— il Capo Of Crypto (@CryptoCapo_) April 9, 2025

Based on various timeframes, the expert made several forecasts:

1. The next few days. The market reacted positively to President Donald Trump’s introduction of a 90-day tariff delay. Bitcoin may move into the $92,000-$98,000 range, with many altcoins jumping by 50-100%.
2. The next few weeks. There is a “decent chance” of another capitulation. This could be triggered by factors such as renewed tariff discussions, conflict escalation, another pandemic panic, and more.
3. Until September. An altseason seems likely. Some coins may break their all-time highs, while others may not. In any case, due to the oversold nature of many assets, returns “could be very good.”
4. End of 2025 and 2026. The situation could become “really terrible,” with a bear market starting in September. During this period, a “global economic reset” is expected to begin.

“Not just a correction, but something comparable to 1929. A real depression. What many call the ‘great reset.’ A transition to a new system: digital economy, ISO 20022 standard, CBDCs… all that,” stated Capo Of Crypto.

He referred to the opinion of billionaire Ray Dalio. The well-known investor noted in a recent article that the hype around tariffs distracts from the main issue — an impending revision of the existing global monetary and economic order.

https://t.co/Xpdl8fYoBg

— Ray Dalio (@RayDalio) April 7, 2025

Capo Of Crypto noted that this process is highly likely to be accompanied by a global crisis — the first of its kind in the history of bitcoin. How digital gold will behave in these new conditions remains to be seen.

“If this happens, expect extreme volatility and probably the worst part of the cycle,” concluded the analyst.

As reported in Bernstein, they noted bitcoin’s “impressive” resilience amid tariff turbulence compared to previous crises.