Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Crypto Exchanges Oppose Brazil’s Stablecoin Self-Custody Ban

May 18, 2025

SUI Price Analysis: Token Bounces After Holding $3.75 Support Level

May 18, 2025

‘Bitcoin Standard’ author backs funding dev to make spamming Bitcoin costly

May 18, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Crypto Exchanges Oppose Brazil’s Stablecoin Self-Custody Ban

    May 18, 2025

    SUI Price Analysis: Token Bounces After Holding $3.75 Support Level

    May 18, 2025

    ‘Bitcoin Standard’ author backs funding dev to make spamming Bitcoin costly

    May 18, 2025

    XRP Price Analysis: V-Shaped Rebound Sets Target at $3.40

    May 18, 2025

    ‘Bitcoin Standard’ author backs funding dev to make spamming Bitcoin costly

    May 18, 2025

    Shares of Chinese Apparel Firm in Choppy Trading After Announcing $800,000,000 Bitcoin and Crypto Investment Strategy

    May 17, 2025

    A Dozen New Defendants Charged in Alleged RICO Conspiracy Tied to $263,000,000 Crypto Theft

    May 17, 2025

    A Bitcoiner’s guide to South Africa’s Garden Route

    May 17, 2025

    Bitcoin breaks out while Coinbase breaks down: Finance Redefined

    May 16, 2025

    51% attack on Ethereum more difficult than on Bitcoin — Justin Drake

    May 16, 2025

    Starknet hits ‘Stage 1’ decentralization, tops ZK-rollups for value locked

    May 16, 2025

    Ethereum Building Up Momentum Before a Massive Breakout, Predicts Michaël van de Poppe – Here Are His Targets

    May 15, 2025

    Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst

    May 16, 2025

    XRP price path to $3.40 remains intact — Here is why

    May 16, 2025

    Judge’s settlement rejection has no effect on legal victory

    May 16, 2025

    The emergence of Sonic and what it means for DeFi: Report

    May 16, 2025

    Crypto Exchanges Oppose Brazil’s Stablecoin Self-Custody Ban

    May 18, 2025

    SUI Price Analysis: Token Bounces After Holding $3.75 Support Level

    May 18, 2025

    ‘Bitcoin Standard’ author backs funding dev to make spamming Bitcoin costly

    May 18, 2025

    XRP Price Analysis: V-Shaped Rebound Sets Target at $3.40

    May 18, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    3 Crypto Coins Getting Ready to EXPLODE! “This Will Shock People”

    May 17, 2025

    Bessent Revealed ALL: Trump's Crypto Plans & Trade Deals!

    May 17, 2025

    SOLANA WILL PUMP ON THIS DATE ($5 BILLION FTX PAYOUT)

    May 17, 2025

    It Started: Bitcoin About To Go INSANE

    May 16, 2025

    Coinbase SEC Probe: 100M Users? Is This the New SBF?

    May 16, 2025
ApeWatcher News
Home » Bitcoin May Rally to $100,000 While Altcoins Get Left Behind, Warns Veteran Crypto Trader
Bitcoin May Rally to 0,000 While Altcoins Get Left Behind, Warns Veteran Crypto Trader
News

Bitcoin May Rally to $100,000 While Altcoins Get Left Behind, Warns Veteran Crypto Trader

The Daily HodlBy The Daily HodlJuly 9, 20240 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

A widely followed crypto analyst is warning that Bitcoin (BTC) could soar to six figures while altcoin projects remain behind in the doldrums.

Crypto strategist DonAlt tells his 569,900 followers on the social media platform X that he is bearish on many alt projects.

“To be honest, I’m much more pessimistic on alts than I am for BTC. Think you can have a world where BTC trades at $100,000-plus in the coming years while current alts trade 90% lower than they do right now.”

He questions the utility of many digital assets besides Bitcoin.

“Kind of insane to think about the market caps of stuff in crypto. Yeah, these coins are down bad. But also their market cap is a billion plus. What the f*ck do these things even do?”

However, the analyst does not believe Bitcoin will hit six figures anytime soon. He says that Bitcoin is repeatedly printing bearish double-top patterns on the daily chart and thinks it’s too soon to turn bullish again.

“It’s only been 5x. I can’t really blame anyone for falling for it. How did the saying go? Fool me once, shame on you, fool me twice, shame on you, fool me five times, still shame on you.”

Image

The veteran trader has said that he’s hesitant to flip bullish on Bitcoin because he believes the crypto king may be repeating another November 2018-style crash. In November of 2018, BTC broke down below $6,000 after consolidating in a narrow range for over six months and Bitcoin didn’t bottom out until reaching nearly $3,000.

Bitcoin is trading for $56,523 at time of writing, up nearly 3% in the last 24 hours.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Follow us on X, Facebook and Telegram

Generated Image: Midjourney



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Exchanges Oppose Brazil’s Stablecoin Self-Custody Ban

May 18, 2025

SUI Price Analysis: Token Bounces After Holding $3.75 Support Level

May 18, 2025

‘Bitcoin Standard’ author backs funding dev to make spamming Bitcoin costly

May 18, 2025

XRP Price Analysis: V-Shaped Rebound Sets Target at $3.40

May 18, 2025

Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto

May 18, 2025

Retired artist loses $2M in crypto to Coinbase impersonator

May 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Crypto Exchanges Oppose Brazil’s Stablecoin Self-Custody Ban

May 18, 2025

SUI Price Analysis: Token Bounces After Holding $3.75 Support Level

May 18, 2025

‘Bitcoin Standard’ author backs funding dev to make spamming Bitcoin costly

May 18, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.