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Bitcoin (BTC) Trader DonAlt Warns Current Market Cycle Is Long in the Tooth, Targets $100K BTC Peak

2025/01/12 16:04

Bitcoin (BTC) Trader DonAlt Warns Current Market Cycle Is Long in the Tooth, Targets $100K BTC Peak

A veteran crypto trader is sharing his thoughts on the remaining time left in the current Bitcoin (BTC) bull market cycle and his price targets for the leading digital asset.

In a new strategy session on YouTube, the pseudonymous trader known as DonAlt tells his 65,000 subscribers that he’s anticipating an end to the market cycle in the next couple of months. This differs from some analysts who are targeting a late-2025 peak.

DonAlt also says that he’s no longer expecting BTC to hit his previous price targets of $250,000 or $300,000. He now believes that a price of $150,000 is a more realistic peak for this cycle.

“I would like to see a last leg for everything. Like an aggressive last leg. Bitcoin to like $150,000, I think that’s already a tall ask, if everything goes crazy maybe it doubles but I don’t think this cycle we’re going to see more than $200,000, I think $150,000 would be a lot already.

So Bitcoin [could go] another 10-20-30-40-50% if it goes really well. I think at that point you’re stretching it, and $100,000 is already basically the target that makes the most sense, everything else is a little bit more aggressive.

I hope we’re going to see a little bit of an altcoin rotation at the end of it. That’s kind of where my mind’s set but let’s see, it’s hard to predict this time around. I think time-wise, I don’t give it much more than a couple of months, at best, for this cycle to end.

I could be wrong, we’ll see how it goes.”

At time of writing, Bitcoin is trading at $94,586.

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