Article • 12 months ago

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.

Bitcoin breaks resistance at $30,000, but needs to stay above $32,290 to confirm a bullish breakout. Caution advised.

Bitcoin's price is expected to surge even higher in the coming weeks with no major resistance in its way. Rapid growth towards $40,000 predicted.

Bitcoin's price could surpass $33,000 soon, as indicated by a bullish pattern on the chart. Analysts predict a strong rally ahead.

The renowned analyst predicts higher gains for Bitcoin and has opened a new long position, suggesting a positive outlook for the cryptocurrency.

Crypto analyst Michaël van de Poppe predicts that Bitcoin's rise, along with the approval of a Spot BTC ETF, will lead to further gains for altcoins.

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