bitcoin Known for predicting the bottom levels of the price, DonAlt discussed the uptrend in the cryptocurrency market. The analyst stated that he expects more declines before the rise. Here are the details that the analyst drew attention to.
DonBottomHe stated that before BTC reaches bottom prices, the trading volume should drop. According to the analyst, who also interprets the time frame when this will happen, we have a few more months ahead of us.
The analyst stated that the price of Bitcoin will remain sideways below $30,000 before falling below $20,000. According to DonAlt, this will ultimately create the necessary time for further upswing.
My Estimate for Bitcoin Price is $60,000!
However, he also pointed out that if it falls below $20,000, buyers will step in and trigger a different rise by starting the accumulation phase.
The analyst, who also stated a clear forecast for the BTC price, expects a move towards $ 60,000 after the $ 30,000 levels.
You can follow the current price action here.