Article9 months ago

Crypto Trader Anticipates Bitcoin's Surge, Highlights Critical Resistance Level at $28,000

Crypto Trader Anticipates Bitcoin's Surge, Highlights Critical Resistance Level at $28,000
Summary
  • DonAlt, a prominent cryptocurrency trader, is optimistic about Bitcoin's potential for a significant upward movement, with a target of $42,000 if it breaks the critical resistance level at $28,000.
  • The $28,000 mark is crucial for Bitcoin bears to defend, as a breach could trigger a substantial sell-off, potentially driving the price down to $23,000 - $20,000.
  • Altcoin Daily's video presents an optimistic view for Bitcoin and Ethereum in the last quarter of 2023, highlighting factors such as Bitcoin's first positive September in years and the likelihood of Ethereum Futures ETF approvals. Focusing on the long-term potential of both cryptocurrencies is encouraged.

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