Trader Who Flawlessly Navigated Bitcoin's Resurgence Issues Alert, Says BTC Price Target Has Dramatically Changed - The Daily Hodl
Daily Hodl Staff
19 Mar 2023 1:58 AM
An analyst who has been seemingly unstoppable since calling Bitcoin's bottom at $16,000 just issued a big update to fellow traders. ...
- DonAlt, an analyst who accurately predicted Bitcoin's bottom at $16,000, has updated his fellow traders that he is no longer looking to sell any BTC at his initial target of $35,000.
- He believes that the global recognition of Bitcoin as an alternative to the banking system is so new and powerful that he is nowhere near ready to sell.
- DonAlt thinks that bearish analysts who have remained focused on the macro economy will continue to look lost on the sidelines.
- He believes that BTC could climb to $100,000 this cycle.
The article has a positive sentiment towards Bitcoin and DonAlt's analysis. It highlights the potential for Bitcoin to climb to $100,000 and the recognition of Bitcoin as an alternative to the banking system.
Related Questions
Who is DonAlt and what did he update his fellow traders about?
Why does DonAlt believe that he is nowhere near ready to sell Bitcoin?
What does DonAlt think about bearish analysts who have remained focused on the macro economy?
What is the potential price target for Bitcoin according to DonAlt?
What are some of the categories covered by the Daily Hodl in their cryptocurrency news and analysis?
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