Top Analyst Predicts Bitcoin (BTC) ‘Chad’ Setup, Anticipates Optimal Market Scenario

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A crypto analyst predicts a bullish outlook for Bitcoin after a bearish price action last month.
The analyst, DonAlt, believes Bitcoin’s false downside move could trigger a burst to the upside.
Despite his bullish outlook, DonAlt does not expect Bitcoin to print new all-time highs just yet.

Crypto analyst DonAlt predicts a bullish future for Bitcoin, despite recent bearish price action. He believes a false downside move could trigger an upward burst for BTC.

Bitcoin’s Bullish Outlook

DonAlt, a pseudonymous analyst with a following of 59,200 YouTube subscribers, recently shared his views on Bitcoin’s future. Despite Bitcoin losing $60,000 earlier this month, only to recover the key level a few days later, the analyst remains optimistic about the cryptocurrency’s prospects.

The False Downside Move

According to DonAlt, the false downside move is a catalyst that could trigger a burst to the upside for BTC. He explains, “That’s just a chad setup. I love those. Almost all the time when I get them where the daily time frame is bearish but the weekly and the monthly are bullish, when that flips you usua... Read the full article for FREE at COINOTAG!