A popular trader who says he sold Bitcoin (BTC) at its peak has returned to the crypto markets with his savings on BTC, Ethereum (ETH) and other altcoins.
The crypto analyst, known by the alias DonAlt, told 45,100 YouTube subscribers that he wanted to see if BTC could maintain a significant level of support.
The trader said Wednesday’s huge green daily candle is key and he doesn’t want to see BTC return below the $17,065 zone. He also added that if he can maintain support, the leader will be “over-bullish” in crypto.
“We should hope that this daily green candle will be maintained. You don’t want to trade anywhere below this (…) but as long as this level is maintained, I will be super bullish.
It makes sense to me… I have the appropriate input to risk that somehow, and I think it’s a good risk-reward setup because the reward is huge and the risk is pretty small.”
In addition, the crypto analyst, who first repurchased BTC at the low of $ 16,000, told his 447,200 Twitter followers that he was interested in ETH, Litecoin (LTC), as well as Bitcoin.
On question from his followers, DonAlt said that after LTC’s recent price drop, it plans to retain the peer-to-peer decentralized network. told.
“Yes, I hold BTC > LTC > ETH.
USD [ABD Doları] I really don’t care as long as it rises against altcoins, even if it rises alone, there is enough BTC to make me happy.”
DonAlt said a few weeks ago that it has also acquired XRP, a digital asset that is a core part of Ripple Labs’ payments platform.
Finished buying today
Bought a bunch of BTC for the long term
Bought a bunch of LTC as a trade
Bought a little bit of XRP for the breastNow we wait
— DonAlt (@CryptoDonAlt) November 22, 2022
He made a recent in update He stated that despite the rise, he continues to hold crypto assets.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.