The crypto analyst, known for his accurate predictions, reveals a road map for BTC to reach $90,000. Another analyst expects a dizzying run to $200,000 for Bitcoin before the halving.
DonAlt announced the road map for Bitcoin to 90 thousand dollars!
The analyst nicknamed DonAlt, who correctly predicted Bitcoin’s market bottom in 2022, shared his bullish scenario after the spot market Bitcoin ETF approval. The analyst says BTC will not look back and will head straight towards the $60,000 resistance. DonAlt notes that BTC will likely witness a corrective move after reaching $60,000. Moreover, he predicts that the correction will likely be rapid and aggressive. Following the pullback, DonAlt predicts a rally that will push BTC up to $90,000. In this regard, the analyst makes the following statement:
Positive interpretation of Bitcoin ETF approvals: We go to $60,000. I think overall this would get a bunch of people very excited. This is an old resistance level that has been tested twice before. (…) Bitcoin will have expanded considerably at that point. So I can see this as a nice retreat area. If we go straight up, I think $60,000 would be a really good resistance… I think that pullback would be pretty aggressive, pretty quick, and one that you should definitely buy… If we get to $60,000, any pullback you get should be a buy. Because we’ve tested $60,000 three times at this point. I think it won’t hold in the next test and then we’ll go to $70,000, $80,000 or $90,000.
In a bearish scenario, DonAlt predicts that Bitcoin will fall to the higher time frame support around $35,000 in the coming months. The analyst expresses his opinion on this issue as follows:
Now that the ETF has expired, we can finally start to re-evaluate the levels on the chart. I’m still on hiatus. But if we retest around $35,000 or $45,000 (after a rally) in the next three months, I might be convinced to get active again. If we go up, I’ll have to wait a little longer.
“BTC price will reach $200,000 before halving!”
Analyst Gert van Lagen predicts that Bitcoin will make a dizzying run before the next halving. Van Lagen makes a bold prediction that BTC will reach 200 thousand dollars in this move. The analyst cites the Elliott Wave theory as the backbone of his prediction. Van Lagen’s Bitcoin prediction is based on a critical support level at $31.8K. Once you get below that, it’s back to the drawing board.
The chart attached to the analyst’s forecast displays a classic Elliott Wave sequence, suggesting that markets move in predictable, repeating cycles influenced by investor psychology. These cycles consist of a five-wave trend followed by a three-wave corrective period. According to Van Lagen’s analysis, Bitcoin has embarked on a parabolic journey that is currently in its fifth and final wave, pointing to a target of $200,000. This bullish trend, supported by theory, indicates an aggressive accumulation phase by investors ahead of the halving.
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