Analyst DonAlt is known for predicting the bitcoin (BTC) low. Also, last November, he was bullish on bitcoin when talking about his market outlook. But, just recently, he cited a crypto that could get ahead of the flagship crypto. Here is what it is.
Towards an uptrend on Solana and Bitcoin?
Crypto trader DonAlt announced in a recent video that Solana has been showing some power lately. In this context, he expects the Ethereum rival to eventually overtake bitcoin (BTC). He explained : “I love Solana. I like it against bitcoin here. I think there’s a chance he could outperform“. “The USD has pulled back a bit, but not as strongly“, he added.
At the same time, the crypto trader expects a rise in the price of the flagship crypto. He claimed that BTC, which is currently trading around $24,500, will rise up to $32,000. “Around $32,000 is enough for me. At that point I would probably sell stuff or at least start taking profits, because it’s a hell of a rally“, argued DonAlt.
The crypto trader clarified that bitcoin could also be worth much more than $32,000. He then recalled the reaction of the community when he considered a hike to $60,000. He has declared : “When I posted “maybe we’ll go back to $60,000” when the market was at $16,000 I got a lot of hate for it“.
But, for DonAlt, the situation is different now. “If we go up to $30,000, you’re going to see a lot of people say “maybe $60,000”“, he underlined. He added that in crypto it is just as possible to go up 5x, 10x, as it is to go down 95%.
Crypto analyst DonAlt explained in his video that he remains bullish on Litecoin (LTC). It must be said that he acquired LTC tokens in November, when the crypto was worth 60 dollars. Now, DonAlt is eyeing resistance around $100 for a remarkable rise to $200. He explained : “If it works its way towards $100 for a while and hits that resistance, I think the upside will be that much bigger. So I won’t give up anytime soon“.
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