Bitcoin could be heading for a notable dip if it fails to stay above a key price zone, according to market watcher DonAlt.
In his latest analysis, he warned that a break below the $98,000–$101,000 range might trigger a sharp slide toward $90,000—a level last seen in early May.
The recent surge to nearly $112,000 is being dismissed by DonAlt as a weak breakout, lacking the conviction seen in earlier rallies. He argues that solid breakouts usually hold their ground and avoid revisiting support zones too soon. The current retest, in his view, suggests buyers are losing steam.
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Still, zooming out offers a more optimistic picture. On the monthly chart, Bitcoin continues to show strength, while the weekly view remains constructive—albeit with less enthusiasm.
For now, the outlook depends on whether BTC can defend its current range or face a deeper correction in the days ahead.
DonAlt’s analysis reflects growing caution in the market, as traders eye support levels more closely amid signs of exhaustion. While long-term sentiment remains positive, short-term traders may need to brace for increased volatility if momentum doesn’t return soon.
Alexander Stefanov
With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.
