DonAlt: Bitcoin Showing Strongest Bullish Setup of the Cycle
Veteran analyst DonAlt told followers that Bitcoin’s charts currently display the most bullish setup of this cycle, even after the recent correction from roughly $120,000 down to about $104,000. He argues that the pullback has not invalidated the larger uptrend and sees the price action and structure as aligned for continuation, provided support zones remain intact. That view has resonated with traders watching momentum and on-chain signals for confirmation.
The significance: if the bullish structure holds, it could encourage renewed buying and sustain upward momentum in a market still sensitive to macro news and liquidity. DonAlt’s call is not a guarantee—volatility and macro risk remain, so traders should watch support levels, volume, and broader market flows. Still, his assessment adds weight to a constructive outlook among technical traders as Bitcoin digests the recent pullback.