Bitcoin and Ethereum Rally Targets Revealed Amidst Price Surges and Volatility
TL;DR Summary
Crypto strategist DonAlt believes that Bitcoin is in the early stages of a new bull market and a disbelief rally is underway, as many traders still believe that Bitcoin is in a downtrend even after breaking out from a multi-month reversal pattern. DonAlt shows negative funding rates in various crypto exchanges, indicating that traders are still betting on BTC to go down. He maps out BTC’s worst-case and best-case scenarios, with the high timeframe breakout of BTC potentially propelling the king crypto to as high as $100,000.
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