Crypto Analyst Sees Bitcoin Treasury Companies Igniting BTC Rallies to $150,000 or Higher – Unless This Happens
A widely followed crypto analyst says that Bitcoin (BTC) treasury firms could push the crypto king to a $150,000 price tag, possibly even higher.
In a new strategy session, pseudonymous crypto trader DonAlt – one of the hosts of the TechnicalRoundup YouTube channel – tells his 67,000 subscribers that he believes BTC will eventually break out of its sideways trading range between $100,000 and $110,000.
When asked about the “David versus Goliath” battle between Bitcoin corporations accumulating and old-school BTC investors unloading, DonAlt says that the demand side would eventually prevail, unless something changes in the macroeconomic picture.
“I think the buyers are probably going to win. Whenever you get these…