In November 2022 Bitcoin DonAlt, who is famous for accurately predicting the price, stated that BTC is preparing for a new “big pump”. According to the analyst, the trigger for this pump in BTC will come from altcoins. While the analyst primarily draws attention to the consolidation between $33,400 and $35,200, he thinks that things may suddenly change with an increase of between 5% and 20%.
Koinfinans.com As we reported, DonAlt stated the following about the possible next course of action of Ethereum (ETH) in the short term:
My view on Ethereum is that just as altcoin sentiment is increasing in general, people are kind of euphoric on the altcoin front right now, I think it has a good chance of bouncing, even if they’re only regaining a small percentage of what they’ve lost before. As long as this situation continues, you may see some bounce.
NEWS CONTINUES BELOW
DonAlt concludes its predictions with its analysis of Solana. He says a buying opportunity could arise if the seventh-largest crypto asset by market cap begins to consolidate after the recent rally.
I don’t think there is really a good pullback level to buy Solana. I think it would be scary if it went back to $30. This is a retracement level, but it’s actually frighteningly close to where it’s completely invalidated. And it starts to look really bad. In this, if this consolidates, maybe you just buy the consolidation, kind of like a pullback that I can see. Otherwise, if Bitcoin peaks, it will likely fall. If Bitcoin falls, this will likely continue.
