Analyst Predicts Bitcoin Consolidation Ending with Bullish Outcome
- Bitcoin is currently trading at $96,310, down 1.43% in the past day.
- The analyst, DonAlt, has a YouTube following of 65,700 subscribers.
- Bitcoin remains above $90,000 despite recent bearish news.
- DonAlt mentions potential bearish triggers like trade war talks and geopolitical tensions.
- The analyst suggests BTC could rise as long as it remains below $101,000 or the weekly mid-range around $98,000.
Despite recent market pressures and geopolitical tensions, Bitcoin maintains a trading price above $90,000. Analyst DonAlt believes this resilience indicates potential for upward movement even as technical analysis shows mixed signals. At present, Bitcoin is valued at $96,310.
Source (2.6)https://dailyhodl.com/2025/02/17/trader-sees-bitcoin-consolidation-resolving-to-the-upside-says-btc-witnessing-weak-sell-offs/?rand=59076
