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DonAlt shared a new Bitcoin price prediction today to Twitter and YouTube, where he has a combined 469,000 followers including subscribers to the TechnicalRoundup YouTube channel.
DonAlt (@CryptoDonAlt) stated he’s ‘buying now’ at around the $19,000 level, and is ‘always comfortable buying below $20,000’ – timestamp 14:10 in the below video.
He isn’t ruling out Bitcoin trading lower in the short term, in which case he’ll ‘buy more’ and add to his spot position – cautioning against using leverage with CPI data coming on Thursday.
DonAlt streams live on the TechnicalRoundup channel each week alongside another popular trader @CryptoCred, who has 501,000 followers on Twitter.
DonAlt Bitcoin Price Prediction – Crypto Twitter
DonAlt’s rationale – shared by various other notable crypto Twitter accounts such as TraderSZ and CryptoISO – is that the markets have been so battered and beaten down, that a move to the upside is more likely at the current time. Even if only as a bear market rally to squeeze offside shorts, within the long term macro downtrend.
His advice is to buy the dip on Bitcoin now when the market is ‘depressing’, as a better play than FOMO’ing into green candles and $100,000+ price targets shared by the most vocal Bitcoin bulls like Michael Saylor.