Well-Known Analyst Announces The Level To Be Crossed For The Bull To Start In Bitcoin!

Nicknamed DonAlt cryptocurrency The analyst said in a statement today. bitcoin He talked about the price and his views on the bull market.

DonAlt Touched on Some Price Levels That He Sees Critical in His Sharing on Twitter

Making a statement on Twitter, DonAlt said that the current Bitcoin price is in an uncertainty range on the chart and that the BTC price must exceed the $ 32,290 level to be called a bull market.

In addition, he said that in the case of a decrease from the current level to about $19,000, there is neither a bull nor a bear market, but a bear market can be mentioned if it falls below $19,000.

However, he added that he thinks that new lows will not be seen. In his statement, DonAlt also stated that he does not currently have a large investment in the cryptocurrency market.

$BTC

Pretty simple for me, I think in between here and the upper range is where most of the risk and very little reward is

We won’t make new lows IMO so the closer you get to buying to the bear market line the better pic.twitter.com/7fHSR2li6e

— DonAlt (@CryptoDonAlt) April 14, 2023

DonAlt has a large following on Twitter, where he posts regular updates and charts on the crypto market. He also has a YouTube channel called TechnicalRoundup where he teaches about cryptocurrencies.

DonAlt previously said that Bitcoin price was a bottom at $ 16,000, and then announced that he sold most of his BTC holdings around $ 28,000.

In addition, the analyst in question shared with his followers that he bought some Ripple (XRP) tokens at $ 0.37 in March. XRP price is trading at approximately $0.51 at the time of this writing.

*Not investment advice.