
Bitcoin News
An analyst who accurately predicted a cryptocurrency rally in early 2023 believes that Bitcoin (BTC) is just one resistance level away from rising to $60,000.
In the updated video, strategist DonAlt told his 56,800 YouTube subscribers that the price area between $44,000 and $45,000 is the only supply level that prevents Bitcoin from seeing a major bull run.
DonAlt predicts a scenario where Bitcoin hits support around $38,000 before surpassing $45,000 and heading towards $60,000 thereafter.
DonAlt also said that there are many bearish catalysts that could push BTC lower once spot Bitcoin ETFs are approved, but after the correction, the market will continue to grow higher.
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