The pseudonymous crypto strategist DonAlt is sharing his plan to re-enter the cryptocurrency market with his over 480,000 twitter followers. He calls it reaccumulation and states that he will either buy Bitcoin (BTC) back if it reaches $30,000 or if a correction down to $20,000 was seen. DonAlt doesn't see a new low in BTC, but instead expects if to chop sideways for months before emerging in a clear direction. At the moment of writing, BTC is trading around the $27,839 mark.
DonAlt has been accomplished in his catch of the crypto market rally in 2023. He is known as a careful crypto analyst, who wasn't only looking to jump onto the crypto bulls, but also to masterfully ride its wave. His followers trust his analysis and advice, as he's been an accurate strategist in his predictions.
The cryptocurrency king BTC is trading in a wide range and DonAlt is warning both bull and bear traders of the posibility of a sideways move for months before a full direction is revealed. The crypto trader isn't expecting a dip to 15,700 again and emphasizes that a reclaim of $30,000 is necessary for him to take a position.
DonAlt knows that a new low is possible, but thinks that it is unlikely. DonAlt does not give himself any margin for being wrong and intentionally waits for a reclaim of $30,000 or a correction to $20,000 before taking a position, as this assures him that the risk of loss would be low. His followers will hold their breath in the meantime, waiting to see if DonAlt's prediction is right.
The pseudonymous crypto trader DonAlt has been an accurate strategist, catching and riding the 2023 crypto rally masterfully. He is now looking to reaccumulate Bitcoin and is waiting for either a reclaim of $30,000 or a correction to $20.000. He warns that a multi-month chop between these two prices is a possibility and he doesn't expect BTC to go below the bear market low at around $15,700. As of now, BTC is trading for $27,839. His savvy followers will hold their breath in anticipation to see if his prediction is fulfilled.
Oliver Martinez
- 2023-04-24
Crypto Strategist DonAlt Reaccumulating Bitcoin
DonAlt, the pseudonymous crypto trader and analyst, is sharing his plan to re-enter the cryptocurrency market with his savvy followers. He calls it reaccumulation and is warning of the posibility of a multi-month chop between $20,000 and $30,000 before a full direction is revealed. As of now, BTC is trading for $27,843.
