After successfully breaking through the $3,200 resistance level, Bitcoin is expected to encounter resistance around that same level again, according to crypto analyst Capo Of Crypto. He warns that the entire cryptocurrency market may change direction once Bitcoin reaches its highest point. Capo became optimistic about Bitcoin when it was priced at around $22,660, as technical indicators indicated a potential rebound towards $50,000 in the near future. After reaching its goal earlier this week, analysts anticipate that sellers will dominate and push prices down again shortly. Additionally, Bitcoin has entered a “high-risk” zone, signaling the beginning of a bull market, according to Glassnode. He expects that Bitcoin will have difficulty surpassing the resistance at $50,000. In the meantime, altcoins will keep increasing in value, showing a difference from the stagnant or decreasing Bitcoin prices, indicating a potential change in trend. If this difference continues and Bitcoin falls, Capo predicts that the price could potentially drop as low as $30,000 to complete the pullback. Despite his skepticism about Bitcoin dropping significantly in one move, he believes that the area may be retested in the coming weeks. Even with a more positive outlook driving recent gains in the crypto market, Capo suggests that Bitcoin could be reaching a point of exhaustion following its 23% increase over the past week. The asset may reach a peak above $49,000, leading to a possibility of bears regaining control and causing a significant correction due to bearish technical differences. Additionally, Ethereum is growing steadily and could reach $3000 with a breakout. Certainly, if BTC maintains $50,000 support, sentiment could quickly change to undermine the bearish argument.