Top Trader Who Predicted XRP's 700% Rally Breaks Silence With Bitcoin Price Update - U.Today

XRP-2,76%
BTC-2,6%
SOL-3,44%
LTC-2,34%

DonAlt, the crypto analyst who predicted XRP’s 700% surge back in 2024, is back, and this time with a brutal take on Bitcoin’s price. In his latest update, he says that BTC is stuck in what may be called a dead zone

This is a kind of congestion between $85,000 and $92,000, which has been acting as both a resistance ceiling and a liquidity trap since the post-ETF turbulence.

DonAlt’s chart shows that if Bitcoin does not manage to break back into the upper range soon, it will probably dip toward the $60,000 price point — officially entering a bear market.

His baseline is that if the big-picture issues connected to the “Greenland narrative” keep going, BTC will probably break out of this range, sacrificing short-term upside for longer-term accumulation.

Bitcoin to $150,000? Too early

There is a chance things might turn around, starting at around $104,000, and $150,000 is the target for a full-on bullish move. But unless BTC clears and holds its current levels, the trader is not convinced a real breakout is going to happen.

As for Solana, the trader called it “the worst range in crypto” and said he would prefer a clean break-and-reclaim to more indecisive sideways action. His Litecoin chart, in the meantime, shows a major long-term trendline failure, which he summed up as “unfortunate things are happening in the crypto world.”

Article imageSource: DonAltWith Bitcoin’s weekly structure frozen and major altcoins showing exhaustion, DonAlt’s market commentary is timed for a period of uncertainty. That is the only sure thing right now.

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