A crypto analyst who rode the Bitcoin (BTC) rally from its 2022 bottom is updating his outlook on the flagship digital asset.
In a new video, pseudonymous crypto trader DonAlt tells his 48,500 YouTube subscribers that he will become extremely bullish toward the king crypto if it falls to the $19,000 – $20,000 support level.
“On the monthly, we still have some room to go. Technically $19,000, $20,000, that’s the support. That’s where I’ll turn very, very bullish again. But we’re not there yet. I’m in position, so I’m taking the loss along with everyone else. I sold the top $25,000 and then I re-bought $23,000.”
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Bitcoin is trading at $20,055 at time of writing, a 7.6% drop during the last 24 hours.
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