A widely followed crypto analyst who called the 2022 market bottom says that he’s excited about Bitcoin’s (BTC) current price action.
The pseudonymous strategist DonAlt tells his 487,000 Twitter followers that the king crypto’s current price action is more exhilarating to him than the “garbage” action that preceded before.
According to DonAlt, BTC’s current rally, which started when the top crypto asset by market cap was trading for $15,000, should still have fuel left even though BTC has “broken down.”
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“BTC update: Broke down.
Many would say this is worse for bulls but this has me more excited than the garbage [price action] before. If this breakdown gets invalidated (close above $27,000), I’d expect this rally from $15,000 to have fuel left. Until then,
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