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.
With Bitcoin hovering near $119,000, traders are weighing their next move carefully. The question dominating the market now is simple: Buy the dip or wait for a cleaner setup?
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