happened at the beginning of this year Bitcoin DonAlt, who is famous for correctly predicting the rally, attracted attention with his prediction of a bull market that he expected to last two years. pulled.
Until this happens, DonAlt says, BTC will likely remain sideways.
If you ask me, the moment when Bitcoin rises significantly and altcoins start liquidating downwards will set a trend that will last at least a year, maybe two.
For now, the analyst says Bitcoin will continue to rise as long as it remains above a key support level.
As long as we maintain $27,000, things are looking pretty good. I would like to see continued upward pressure causing ALT/BTC rates to suffer over the next few days or weeks. If this doesn’t happen, I’ll join the Bear Team again.
Things are not good yet, but my initial outlook is positive.
NEWS CONTINUES BELOW
Smart contract platform Ethereum DonAlt, who also commented on Bitcoin, believes that regardless of Bitcoin’s trend, the leading altcoin will not do well.
Overall, I think ETH will underperform BTC whether BTC rises or falls. As I said weeks ago, we are buying a real BTC exchange traded fund (not a fake futures fund) and ETH – not stupid enough to be bought by idiots who ignore that fact.
