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A prominent crypto analyst who predicted Bitcoin’s 2023 breakout now warns of a potential abrupt end to the bull run if BTC fails to hold key support levels. Drawing parallels to 2021, DonAlt highlights critical price zones that could signal a market reversal. Bitcoin’s current struggle near $110,000 raises concerns of a repeat downturn.
- Bitcoin's current price action mirrors its 2021 bull market top pattern, where failure to hold $60,000 led to a prolonged bear market.
- DonAlt identifies $104,000 as an early warning level and $100,000 as critical danger territory for BTC's bull run continuation.
- The analyst suggests all bullish bets should be reconsidered if Bitcoin starts dipping below the $100,000 support level.
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