A well-known crypto analyst who accurately predicted Bitcoin’s 2022 market bottom believes two key developments are needed for BTC to regain strong upside momentum.
According to DonAlt, Bitcoin must reclaim the $90,000 level as support on a significant time frame to counter selling pressure.
Additionally, he argues that market uncertainty caused by U.S. policy decisions—such as tariff threats against major trade partners—needs to ease, as these factors have been weighing on equities and, by extension, crypto markets.
If both conditions are met, DonAlt expects Bitcoin to stage a strong recovery. However, until then, he warns that the current market structure favors the bears, with technical and macroeconomic factors supporting a further breakdown.
He also points out that investor sentiment has been fragile, with traders closely watching traditional markets for signs of stability. If stocks continue to struggle under pressure from geopolitical tensions and economic policies, Bitcoin could face prolonged consolidation or even further declines before any meaningful rebound occurs.
As crypto markets drift in a holding pattern, sentiment among everyday traders is showing signs of pessimism—and that might be exactly what Bitcoin needs to break higher, according to blockchain intelligence platform Santiment.
While many in the hedge fund world remain hesitant about Bitcoin’s long-term relevance, especially beyond the Trump era, Eric Semler is moving in the opposite direction—and doing so aggressively.
Geopolitical anxiety is gripping crypto trading desks once again. As the clash between Iran and Israel intensifies and Washington weighs its response, controversial trader James Wynn has doubled down on an already hefty bearish wager—now worth roughly $70 million—against Bitcoin.
Bitcoin (BTC) has gone down by 1.2% in the past month but an important piece of legislation in the United States could change the top crypt’s trajectory in the next few months. The so-called ‘GENIUS Act’, an acronym that stands for “Guiding and Establishing National Innovation for U.S. Stablecoins Act”, has been passed in the […]