CandleFocus Top Trader Predicts Bitcoin Breakout to $100,000 Following Months of Consolidation – But There’s a Big Catch
2024-10-22
Author: Content Editor
A crypto trader known as DonAlt believes that Bitcoin is set to break out and potentially reach as high as $100,000. However, he warns that after this breakout surge, there may be a deep corrective move and Bitcoin could drop back down to around $60,000 before entering a consolidation phase. He is not entirely convinced that the breakout will lead to a sustained uptrend but notes that he may change his stance depending on future market conditions. As of now, Bitcoin is trading at $67,554, down over 2% in the past day.
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