Crypto Analyst DonAlt Foresees Imminent End to Bitcoin’s Downtrend

Crypto analyst DonAlt, famous for his accurate predictions, suggests that the decline in Bitcoin (BTC) is soon to reach its conclusion. This forecast implies a sigh of relief for crypto investors in the near future. Expecting a 20% Drop Before Rising In his latest analysis video published on the TechnicalRoundup YouTube channel, anonymous crypto analyst DonAlt suggests Bitcoin is likely nearing a bottom. He emphasizes that the leading cryptocurrency may need to fall more than 20% from its current prices before hitting the fundamental support level. He stated: “We’re approaching support, but we’re drifting down to it… I hate when this happens. Because I don’t want to drift towards support. Generally, when we drift to support, I’m thinking the price will bottom out over time. Of course, we can move towards the next support, testing the area between $24,000 and $22,000. The next support level below this region is $20,000. […] The post Crypto Analyst DonAlt Foresees Imminent End to Bitcoin’s Downtrend appeared first on COINTURK NEWS.