Expert Trader Who Projected 700% XRP Rally Outlines 3 Bitcoin Price Levels That Matter Most Right Now

Veteran trader DonAlt, an old-timer of the crypto community who gained even more popularity after accurately predicting a 700% $XRP rally to $3.65 back in 2024, has published an updated roadmap for Bitcoin.

While $BTC is hovering on the brink of $80,000, DonAlt urges traders to ignore the noise and focus on three mathematical levels that are currently defining the market direction:

  • $78,000: "Cautious return" point
    Bitcoin is already testing this level and according to the trader's analysis, this is where a shift in psychology occurs: from fear, the market moves into a "cautiously bullish" state. Holding above $78,000 is the first real signal that the trend has recovered.
  • $87,000: "Bullish acceleration" zone
    If $BTC breaks above this barrier, DonAlt expects a transition into a phase of parabolic growth. Above $87,000, caution will be replaced by aggressive buying, and the asset's price action will become highly impulsive.
  • $70,000: "Death zone"
    A critical support level, a drop below which is viewed by the trader as a scenario with a "high probability of death" for the current upward movement, which could trigger a prolonged decline.
Bitcoin price outlook by DonAlt, Source: DonAlt's X

The $73,000 liquidation trap and the $XRP success factor

The main risk factor today remains the fragility of long positions - according to data from CoinGlass, liquidations of long positions totalling about $130.08 million have already accumulated around the $73,218.83 level. This creates the risk of a cascading drop if support at $70,000 fails to hold.

For those who follow DonAlt's long-term projections, $BTC is currently in a preemptively bullish phase. It should be noted that his ultimate $XRP price target remains at $6.90, which leads to extrapolating this success to his current plan for Bitcoin.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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