Analyst Knowing Critical Bitcoin Levels: These Levels Are Coming! - Coinleaks
Current Date:September 21, 2024

Analyst Knowing Critical Bitcoin Levels: These Levels Are Coming!

While the cryptocurrency market has been facing horizontal levels for a long time, analyst DonAlt, who has come to the fore with his predictions for Bitcoin before, pointed to these price levels for Bitcoin (BTC) as the US banking crisis got worse! Here are the details…

Popular analyst predicts a boom in Bitcoin (BTC) with the banking crisis!

DonAlt, one of the popular analysts who are well-known in the crypto money market, recently made a statement to 50,400 subscribers of a YouTube channel, suggesting that the leading cryptocurrency Bitcoin (BTC) and altcoin market may gain an upward momentum with the worsening of the US banking crisis.

The famous crypto analyst, in his statements about the rise, stated that apart from a group of small banks, there are big banks in America that have big problems, and he conveyed the following words:

Bitcoin (BTC) is the poster child for all these problems. So when big banks collapse, they should technically accelerate in a good direction. It’s that simple.. If banks keep moving in such a way that the entire world and corporate economies don’t collapse, most likely crypto investors will do well!

“Banking crisis will play a major role in BTC price!”

Popular crypto analyst DonAlt draws attention to the importance of the US banking crisis in his statements. According to the analyst, if the US banking crisis had not occurred, BTC would have come across investors at a much lower price than the current levels. In his statements regarding the banking crisis, the analyst said, “The US banking crisis is a discourse that complicates the decline scenario. I think without this discourse, we would already be around $26,000 – $27,000.” in his words.

On the other hand, the popular analyst explained the critical levels that may occur for BTC in the coming days. According to the expert, who states that he watches the market from afar, Bitcoin can accelerate again quickly if it can overcome these resistance levels. Here are the analyst’s words:

If we go above $30,000 in Bitcoin… especially after testing it for the first time so quickly, we have a chance to break it and then we can make some quick moves. At this point, I would be happy to rise again. But right now I’m very happy to be out of the market.

Instantly, the leading cryptocurrency Bitcoin (BTC) is trading at $ 29,002.

DonAlt also predicted lows for BTC before!

cryptocoin.com The popular analyst, whose predictions we have previously quoted, correctly predicted the collapse of Bitcoin to $ 16 thousand in the past months. The analyst determined the $ 16 thousand level as a bottom level and then sold his BTC assets at $ 28 thousand. However, it also attracted the attention of many investors. Therefore, the famous analyst appears as an analyst closely followed by many investors in the crypto money market.