Crypto strategist who predicted the bottom of Bitcoin in 2022 says BTC is on the brink of igniting an explosive surge.
DonAlt, a pseudonymous YouTube analyst, tells his subscribers in a recent strategy session that Bitcoin’s price may mirror gold’s 2024 action. The precious metal had struggled for weeks to break through resistance at $2100 before a massive upside surge.
Analysts believe that Bitcoin will likely be consolidating under $110,000, setting the stage for an explosive breakout to a new high.
Look at that $2,000 level of gold. We are in a very good position. You’re wrong if you think this is anything other than what you expected.
It’s a bit crazy to watch.
“I feel that we are now the asset where people will lose their entire money before they break out.”
Bitcoin currently trades for $102,114 and gold at $3,368.
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Sources of Images include Pixabay Creative Commons & Midjourney
The post Crypto Analyst sees Bitcoin (BTC), Mirroring Gold’s Parabolic Breakout in 2024-Here’s His Forecast may be updated as new information becomes available.
