Popular trader known online as DonAlt, who made history predicting a 700% XRP rally in 2024-2025, appears to have finally moved to the bullish side. In light of the latest developments, negative from a news standpoint but, as he says, decent from the perspective of how the cryptocurrency market has responded to them, the trader is now suggesting a return to $80,000 per BTC for the flagship cryptocurrency.
Why Bitcoin returning to $80,000 is not “bullish” scenario
What makes this latest outlook particularly interesting is a detail that a move to that level could happen even without a full reversal into a confirmed bull trend, meaning it would more likely unfold as a corrective rebound after months of intense selling pressure and decline.
Among the arguments of DonAlt is that the current $67,500 level for Bitcoin looks like an attractive spot where someone could build a strong bull case. Supporting this view are weekly support levels as well as the fact that negative macro news such as PPI and global tensions were fully disregarded by the market.
HOT Stories
Ripple CEO Urges Banks to Act in Good Faith
Crypto Market Review: Bitcoin’s $70,000 Guarded Like Treasure, Will Shiba Inu Have Bullish March? Ethereum Breaks Above 100-Day Threshold
It is important to note that DonAlt is not turning into a full-scale buyer here, but rather expects that Bitcoin’s sell-off may slow down for a while. Therefore, selling during an obvious bearish catalyst around the $67,000 level does not seem rational in his view.
For Bitcoin to reach $80,000, it would need to gain nearly 20%. Could this prediction indeed happen in March or the broader spring period, which has historically been a favorable time, is now the question to ask.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Hashrate Slips Below 1 Zettahash as Miner Revenue Remains Thin
Bitcoin's hashrate has fallen below 1 zettahash due to diminished miner revenue, with hashprice at $31 per petahash. This has led to thinner margins for miners, who may benefit from an upcoming difficulty reduction.
Coinpedia1h ago
Bitcoin Cash Battles $459 Resistance as Massive Sell Walls Stack Toward $650
BCH is trading at $455.86 close to the resistance range of $459.20 with the support level of $447.44.
The chart data indicates that the chart has strong resistance levels at around $520, $580 and $650 which restricts the momentum on short term upside.
Following a sharp fall, price
CryptoNewsLand1h ago
Bitcoin and XRP Hold Gains as Regulatory Debate Shapes Market Outlook
Bitcoin and XRP maintained steady prices on Sunday as the broader cryptocurrency market posted modest gains. The recovery followed renewed buying activity and stronger market sentiment across major digital assets. Meanwhile, political debate in Washington over crypto regulation added a new layer
CryptoBreaking2h ago
