Who is Zoran Kole? Analyst Deactivated X Account After Wrong BTC Price Analysis

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As a seasoned researcher with years of experience in the volatile world of cryptocurrencies, I have witnessed firsthand the wild swings and unpredictable nature of this market. The story of Zoran Kole, or Captain Cole as he is popularly known, serves as a stark reminder that even the most respected crypto analysts can sometimes get it wrong.

Even though the cryptocurrency market appears to be steady, numerous elements can significantly influence its behavior. Consequently, seasoned investors frequently discuss the market’s potential future trends to keep people informed about what lies ahead. Nevertheless, not every prediction comes true, as a seemingly insignificant factor can alter the entire market trend. This is exactly what happened with well-known crypto analyst Zoran Kole, whose Bitcoin price forecast ended up being incorrect, leaving hundreds of his followers disheartened.

Who is Zoran Kole? Why His X Account is Deactivated?

Known by the handle Captain Cole in the public crypto world, Zoran Kole is a highly respected analyst in the field of cryptocurrency. Beyond his public persona, he also managed private accounts. A successful investor in the crypto space, there are whispers that he has amassed considerable wealth through trading. But what truly sets him apart is his entrepreneurial spirit – he’s the founder of Giga Chad Ventures, a venture fund dedicated to digital assets. This innovative enterprise aims to establish infrastructure and pioneer groundbreaking protocols in the realm of cryptocurrency.

He is a crypto influencer with millions of followers on his social media platform and runs a Telegram group called Crypto Insiders. With such deep involvement with the crypto industry, he is an icon for newbies and other investors, and many follow his crypto forecasts and investment suggestions.

Among his many predictions, one of the most talked-about involved Bitcoin. He suggested that the Bitcoin price could plummet down to approximately $40,000 based on the technical chart pattern resembling a “head and shoulders.” This analysis was made about four months ago, implying it should have occurred around now.

As a crypto investor on June 6, 2024, I followed in the footsteps of Zoran Kole by making an X post, where I shared my prediction for Bitcoin’s yearly opening price: $44,444. However, I couldn’t help but express my disappointment with the impending bearish market trend. In my post, I conveyed my feelings with a simple yet powerful phrase, “I’m sorry,” as I braced myself for the potential fall of BTC to this level or even lower.

Contrary to what was expected, the price of Bitcoin did not drop but rather surged to reach $65K and aiming for $80K according to various analysts. This sudden increase left many investors disheartened as they had relied on Zoran’s analysis. What adds to their disappointment is that Zoran has disabled his X social media platform, leaving his followers in the lurch during this unforeseen market situation and without further guidance.

Samurai Zoran Kole has gone full Japanese. Hold on to your butts.

— BouncyOnion44 (@BouncyOnion44) September 16, 2024

Investors Flock on X After Zoran’s BTC Price Forecast Fails

According to many financial experts, they foresee the future value of Bitcoin reaching as high as $80K, $100K, or even millions. Yet, Zoran Kole’s assessment predicts a possible dip in price down to $44K, potentially even falling further.

As a fellow crypto investor, I’ve observed that replicating certain trading strategies has led to substantial losses for many of us due to an unexpected rise in Bitcoin’s price rather than a fall, as initially anticipated.

Zoran Kole claimed Bitcoin would dump to 44k and I would get rekt

Today he deleted his account after getting rekt

ALL MY DOUBTERS END UP LIQUIDATED

Doubt me at your own risk

— Crypto Michael (@MichaelXBT) September 26, 2024

One investor posted on X that he had lost all his life savings after copy-trading Zaron’s trades. However, many have questioned why Zoran had suddenly disappeared. Some have even mocked his X account deactivation, leaving many in awe of what went wrong. However, it is doubtful whether there is a correlation between this Bitcoin price drop and the disappearance of Zaron or if it is just a coincidence, but many have linked these two events.

In contrast to where Zaron’s devotees faced challenges, a savvy cryptocurrency trader managed to earn approximately $554 within a day by capitalizing on the market’s rebound, illustrating the diverse experiences in the realm of cryptocurrencies.

Final Thoughts

Despite the ongoing volatility in the cryptocurrency sector, the price of Bitcoin has soared past $65,000, standing at $65,447 as of now. This upward trend may have validated some crypto analysts’ predictions, but the forecast made by Zoran Kole suggesting a drop to $44k has proven inaccurate. In addition to this misstep, Zoran has removed all his social media accounts, including both private and public ones, leaving many of his followers disheartened. The focus now is on Bitcoin as it aims for a potential surge to $80K during Uptober and the broader crypto market rally.

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2024-09-27 19:02