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.

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.