A well-known crypto analyst is sounding the alarm on a potential storm brewing for Bitcoin—one that could be fueled not by speculators, but by institutions themselves.
The trader, known online as DonAlt, believes that companies stockpiling BTC in their treasuries may eventually become the market’s biggest source of selling pressure.
With over 1.1 million BTC now held by corporate entities globally—valued at over $117 billion—he argues that what helped fuel this rally might also accelerate the next collapse.
According to the analyst, the next downturn could mirror the devastating 2018 bear market, when Bitcoin plunged more than 80% from its highs. “No one’s ready for how violent the next bear phase could be,” he said, pointing to the potential liquidation behavior of institutional holders during periods of financial strain or declining prices.
Still, DonAlt remains optimistic in the short term. In his latest update, he noted that as long as Bitcoin holds above $101,000, the trend remains intact. But if that level fails, a swift drop to $95,000—or even $90,000—is on the table.
For now, bulls continue to ride the momentum. But if history is any guide, the higher the climb, the harder the fall.
As Bitcoin continues its steady ascent in 2025, comparisons with the world’s largest assets are once again gaining traction.
Bitcoin is treading water near the $120,000 resistance, with persistent bids around $116,000 offering a firm base—but failing to ignite fresh upside momentum.
Michael Saylor, executive chairman of Strategy, has revealed that the company has acquired an additional 21,021 Bitcoin for approximately $2.46 billion, paying an average price of $117,256 per BTC.
As Bitcoin continues to consolidate above $100K, a critical market signal is flashing: BTC funding rates remain elevated, even as price action cools.