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: Expert Trader Sounds Alarm on Bitcoin’s Market Cycle and Price Targets!
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) > Expert Trader Sounds Alarm on Bitcoin’s Market Cycle and Price Targets!
Bitcoin (BTC)

Expert Trader Sounds Alarm on Bitcoin’s Market Cycle and Price Targets!

In Brief

  • A prominent trader warns of Bitcoin's advanced market cycle stage.

  • Price targets above $150,000 are deemed overly ambitious.

  • Traders must remain vigilant as market dynamics evolve.

İlayda Peker
İlayda Peker 4 months ago
Share
SHARE

A renowned trader closely monitoring Bitcoin’s recent performance has warned that the current market cycle is likely in a significantly advanced stage. Known by the pseudonym DonAlt, the trader cautioned his 65,000 YouTube subscribers that price targets for Bitcoin $103,604 exceeding $150,000 may be overly ambitious.

Contents
Bitcoin Price PredictionsExpectations for Market Cycle Conclusion

Bitcoin Price Predictions

During a recent strategy session on YouTube, DonAlt expressed skepticism about the predicted peak of the market cycle being at the end of 2025. Instead, he suggested that this cycle may conclude within the next few months.

Expectations for Market Cycle Conclusion

At the time of writing, Bitcoin was trading at $94,586. DonAlt pointed out the challenges of Bitcoin reaching the $150,000 level, asserting that exceeding $200,000 in this cycle would be improbable, even in the best-case scenario.

DonAlt: “Expecting Bitcoin to reach $150,000 is a high expectation. A target of $100,000 is already reasonable in this cycle.”

Additionally, he anticipated some rotation towards altcoins as the market cycle approaches its end. However, he acknowledged the difficulty in making accurate predictions this time, suggesting that timing might stretch a few more months.

Concluding his remarks, DonAlt stated, “I could be wrong; we will see how it progresses.” His statement indicates varying expectations regarding Bitcoin’s future performance.

In light of DonAlt’s warnings, Bitcoin traders are advised to closely monitor market dynamics. Experts stress the importance of being cautious as the market cycles may be nearing their end, prompting a reassessment of strategies amidst price fluctuations and potential altcoin rotations.

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

Companies Supercharge Bitcoin Purchases in a Landmark Year

Bitcoin Surges Past $100,000: Institutional Buyers Fuel the Rally

Strategy Accelerates Massive Bitcoin Acquisitions

Bitcoin Surges Towards New Heights as Market Dynamics Shift

US-China Trade Talks Propel Bitcoin Towards Record Highs

İlayda Peker 12 January, 2025 - 6:45 pm 12 January, 2025 - 6:45 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Cardano’s Price Movement Sparks Interest as Key Support Levels Approach
Next Article Ethereum Consolidates Below $3,500; Lunex Network Emerges As the Next Best DeFi Powerhouse With 100x Potential
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

Robinhood Triumphs with a Bold Canada Debut by Acquiring WonderFi
Cryptocurrency Exchanges
Investors Dump TRUMP Tokens as Event Invitations Are Finalized
Altcoin News
Andrew Peel Ignites New Crypto Venture in Switzerland
Cryptocurrency News
Companies Supercharge Bitcoin Purchases in a Landmark Year
Bitcoin (BTC)
//

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?