DonAlt names the condition under which bitcoin will face a crisis

Crypto expert and trader DonAlt, who accurately predicted the «bottom of BTC» in 2022, has shared his updated forecasts for the future of bitcoin. According to DonAlt, the market leader has every chance of rising to new highs, but it is still expected to fall.

According to the crypto enthusiast, if BTC drops to $ 22,000, we should not expect its growth in the short term. At the time of writing, bitcoin is trading at $ 27,849, down 2.5% over the past 24 hours. According to DonAlt, the next level of resistance, if bitcoin returns to its upward trajectory, is $ 35,000.

The analyst told his followers that many traders are too skeptical about bitcoin. Even after BTC broke through a multi-month reversal pattern. DonAlt also made a map showing the worst-case and best-case scenarios for bitcoin. According to DonAlt, a breakout on a longer timeframe could push BTC to the $ 100,000 mark.

As for the future of altcoins, DonAlt expects Litecoin to grow significantly. Moreover, DonAlt is convinced that LTC will surpass Ethereum in the short term. The expert wrote about this in late February on his Twitter page.