While the crypto industry is still gushing about the outcome of the recent prediction by DonAlt, he has come to clarify the situation further. DonAlt: the analyst, has named 2023 a year of crypto overhaul, and to prove his claim, it was reported that he bought more Ethereum and Bitcoin sometime in November.
In one of his YouTube videos, DonAlt maintains that his predictions still stand, and he predicted that Bitcoin would decline below the major support level if the market changed. DonAlt, also known as the “Pseudonymous crypto analyst,” was said to have told his YouTube subscribers, numbering 46,800, that the BTC’s decline in 2022 is an integral part of its quest to continue dominating the market.
He was also reported saying that the BTC could be vitiated if the significant cryptocurrency assets by market capitalization go below the $19k mark. While analyzing the situation, he explained that the BTC increased by 50% since it went down to $15,500.
He maintained that this event is significant, and so long as holders don’t lose hope during this time, nothing will change. He went ahead to boast that the trend would remain bullish until they lose the $19k mark. DonAlt made this assertion in 2022, but as of this report, the BTC is a little above $22k.
DonAlt further said that if the BTC plunges, it might even go as low as $15k if it loses its support level. The analyst urged his followers to hold on to their position (as he is doing with his), insisting that the “cryptocurrency rally” hasn’t ended yet.
The superstar crypto analyst urged his fans to continue holding the bitcoin and take out a profit when it hits the $32k price mark. Although he insinuated that an average holder can still profit at the $24k mark, he seems he wants to go for the big kill.
While commenting on the activities of Ethereum, DonAlt said that, unlike bitcoin, Ethereum had outperformed lately. While insisting that Ethereum has more propensity to increase, he claimed it would hit a $2,200 high soon.
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