Analyst Warns of Potential Bitcoin Downtrend
- Bitcoin is currently trading at $82,788, down 2.1% in the last 24 hours.
- The analyst known as DonAlt warns Bitcoin may face a significant downtrend.
- A potential surge to $90,000 could precede a downtrend if resistance is met.
- A bullish scenario could see Bitcoin reaching $110,000-$120,000 if it closes above $90,000 and macroeconomic conditions improve.
- The stop-loss strategy is suggested at $77,000 with entry around $90,000 for bulls.
Bitcoin’s current price of $82,788 reflects a recent decline of 2.1%, with analyst DonAlt highlighting potential bearish and bullish scenarios depending on market movements and macroeconomic factors.
Source (2.6)https://dailyhodl.com/2025/04/04/were-still-in-danger-territory-crypto-analyst-unveils-bearish-setup-for-bitcoin-here-are-his-targets/?rand=59076
