Analyst Warns Bitcoin Could Mirror 2021 Crash – But Sees a Path to $110K

A well-known crypto analyst, DonAlt, is mapping out what he considers Bitcoin’s worst-case scenario, drawing comparisons to the cryptocurrency’s turbulent 2021 cycle.

He suggests that BTC could experience a similar mid-bull market collapse, potentially shedding 50% of its value within months. While Bitcoin did recover from such a decline in 2021, it struggled to break past $69,000 before entering a prolonged downtrend.

If history repeats itself, DonAlt speculates that Bitcoin might first rally to a new high above $110,000 before surrendering most of its gains. However, he also presents a more optimistic outlook—one where Bitcoin breaks free from its traditional four-year halving cycle. In this scenario, BTC would follow a more consistent upward trajectory rather than the volatile peaks and crashes of past cycles.

Despite concerns about a potential downturn, DonAlt maintains a relaxed approach to the market, emphasizing that long-term trends matter more than short-term fluctuations. He suggests that, instead of stressing over market timing, investors could benefit from a more patient and steady perspective.

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The analyst believes Bitcoin could reclaim the $90,000 level before the end of the week, as recent price action shows resilience following a brief dip below $80,000.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.