COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Insights on Bitcoin’s Price Trends and Predictions by Crypto Analyst DonAlt
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Insights on Bitcoin’s Price Trends and Predictions by Crypto Analyst DonAlt
Bitcoin (BTC)

Insights on Bitcoin’s Price Trends and Predictions by Crypto Analyst DonAlt

In Brief

  • DonAlt predicts a potential 30% correction in Bitcoin's price.

  • Despite a drop, the overall market strength remains unshaken.

  • Surpassing $69,000 could significantly boost Bitcoin's momentum.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

Renowned anonymous cryptocurrency analyst DonAlt, known for his accurate market predictions, recently offered insights into the future of Bitcoin (BTC), even amidst potential price drops.

Contents
30% Correction ForecastBreaking $69,000 Could Trigger a Rise

30% Correction Forecast

In a recent strategy session with his YouTube subscribers, DonAlt discussed the current state and future of Bitcoin. He noted that despite the possibility of a 30% correction from its all-time high to $52,000, the fundamental strength of the market would remain intact.

According to DonAlt, considering the significant gains made from October to March, a drop to $52,000 would not significantly weaken the general bullish sentiment surrounding Bitcoin. He emphasized the resilience of Bitcoin in higher time frames, arguing that even a drop to the $52,000 support level would not weaken the overall strong outlook of the cryptocurrency.

Breaking $69,000 Could Trigger a Rise

While acknowledging the current fragility in Bitcoin’s price movement, DonAlt presented a scenario where a rapid reversal of the prevailing downtrend could occur. He suggested that breaking above the $69,000 threshold, representing the highest level before the last candle close on the weekly chart, could eliminate current bearish signals and potentially open the way for upward momentum.

According to the analyst’s analysis, surpassing $69,000 could indicate a trajectory towards the $80,000 to $85,000 range, a possibility he believes is increasingly likely. However, DonAlt recommended a cautious approach until such a turning point is reached, given the current market dynamics.

According to CoinMarketCap data, BTC is currently trading at $62,236 and has seen a decline of over 2.5% in the last 24 hours.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Bitcoin Bulls Take Charge as Economic Winds Approach

Bitcoin Surges as Massive USDT Issuance Sparks Optimism

Bitcoin Surges in Value Yet Faces Decline in Trading Volume

Bitcoin Trading Returns to 2020 Levels: What’s Behind the Shift?

Anticipated Bitcoin Surge Could Break Records

COINTURK NEWS 29 April, 2024 - 4:55 pm 29 April, 2024 - 4:55 pm
Share This Article
Facebook Twitter
Share
Previous Article BONK Surges, Overtakes Floki Inu in Market Value
Next Article Lido Finance Achieves Major Milestone in Ethereum Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Solana’s SOL Soars with Encouraging Price Movements
Solana (SOL)
Argentina’s President Takes Center Stage in Crypto Controversy
Altcoin News
Ripple Plans Their Potential IPO Amidst SEC Challenges
Ripple (XRP)
Ethereum Captivates Institutional Interest with Unprecedented Momentum
Ethereum (ETH)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?