Crypto Trader Unveils Worst-Case Scenario for Bitcoin This Cycle – Here’s His Outlook
A crypto strategist who nailed the start of the current Bitcoin bull market is outlining what he thinks is the worst possible path for BTC.
Pseudonymous analyst DonAlt tells his 657,500 followers on the social media platform X that it is within the realm of possibility for BTC to repeat its 2021 mid-bull cycle collapse when it lost over 50% of its value in just three months.
While Bitcoin eventually recovered all losses by November 2021, BTC failed to mount rallies above $69,000 before abruptly ending its bull market.
If Bitcoin follows in the footsteps of its 2021 bull cycle, it would suggest that BTC will recover after a 50% drawdown and put in a new all-time high at slightly above $110,000 before giving up most of its…
