Trader Warns Bitcoin Price Target of $150,000 Is Overly Ambitious
- A trader known as DonAlt suggests that Bitcoin price targets above $150,000 are too aggressive.
- DonAlt anticipates the current market cycle to end in the next few months.
- The trader believes a Bitcoin price of $100,000 is more realistic this cycle.
- Bitcoin is currently trading at $94,586.
- DonAlt has a following of 65,000 subscribers on YouTube.
According to DonAlt, Bitcoin’s current market cycle may conclude soon, with a realistic price target of around $100,000 rather than exceeding $150,000. At present, Bitcoin trades at $94,586.
