2023 Crypto Rally Predictor’s Gut Feeling On Bitcoin’s Next Move

2023 Crypto Rally Predictor's Gut Feeling on Bitcoin'

According to a trader who participated in this year’s crypto wave, Bitcoin’s (BTC) recent price behavior does not predict well for the top digital asset’s prospects.

DonAlt, a pseudonymous analyst, informs his 497,700 Twitter followers that the crypto markets are due for a sell-off.

According to DonAlt, Bitcoin is showing signals of bearishness after falling below its immediate support at about $29,900.

“Now the technicals are bearish.

Still have the same gut feeling. It is what it is.

We’ll simply ignore the market until vibes improve.”

Source: DonAlt/Twitter

DonAlt stated earlier this month that it is “lights out” for Bitcoin if it falls below the critical psychological level of $30,000, which later appeared.

DonAlt believes that a maintained slide below $30,000 might push Bitcoin as low as $20,000.

With BTC trading below the critical point, the crypto expert believes Bitcoin has till the end of the week to recycle $30,000.

“The lights are flickering all around me.

Are they going out?

We’ll see next Sunday.”

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