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$150,000 Bitcoin Price Is ‘Tall Ask,’ Warns Trader Who Nailed BTC Bull Run

A closely followed trader known for being early on the Bitcoin ( BTC ) bull run is issuing a warning that the current market cycle is probably already long in the tooth. In a new strategy session on YouTube, the pseudonymous trader known as DonAlt tells his 65,000 subscribers that price targets for BTC above $150,000 are likely too aggressive. DonAlt also says that he’s anticipating an end to the market cycle in the next couple of months, rather than targeting a late-2025 peak that some analysts are forecasting. “I would like to see a last leg for everything. Like an aggressive last leg. Bitcoin to like $150,000, I think that’s already a tall ask, if everything goes crazy maybe it doubles but I don’t think this cycle we’re going to see more than $200,000, I think $150,000 would be a lot already. So Bitcoin [could go] another 10-20-30-40-50% if it goes really well. I think at that point you’re stretching it, and $100,000 is already basically the target that makes the most sense, everything else is a little bit more aggressive. I hope we’re going to see a little bit of an altcoin rotation at the end of it. That’s kind of where my mind’s set but let’s see, it’s hard to predict this time around. I think time-wise, I don’t give it much more than a couple of months, at best, for this cycle to end. I could be wrong, we’ll see how it goes.” At time of writing, Bitcoin is trading at $94,586. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post $150,000 Bitcoin Price Is ‘Tall Ask,’ Warns Trader Who Nailed BTC Bull Run appeared first on The Daily Hodl . CoinTurk News

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Crypto Surging Higher Than Expected As Asset Class Now in ‘Fundamentally Different Game’: Investor Ryan Watkins

A former research analyst at crypto intelligence firm Messari believes that the digital asset market will soar higher for longer. Ryan Watkins, a co-founder at digital asset investment firm Syncracy Capital, says on the social media platform X that he believes crypto patterns such as the four-year cycle and altcoin season are becoming a thing of the past. According to Watkins, the digital asset market has changed with the emergence of crypto-based exchange-traded funds (ETFs), projects proving their market fit and use case and an upcoming US administration that supports the industry. “Think most people would be better off deleting the words ‘cycle’ and ‘alt season’ from their vocabulary. Although crypto will continue to ebb and flow, it is a fundamentally different game now, with shifting market structure, maturing projects, and a new regulatory paradigm. There will continue to be easier periods than others, and speculative booms at sector levels throughout, but oversimplified models from the past are becoming less relevant by the day.” Watkins believes the changes will lead to an extended crypto bull market that tests investors’ patience. “Before the next extended bear market, higher than many expect, but takes longer to get there than most expect. Current Twitter sentiment is overly dramatic.” He also thinks that the explosion in the number of coins trading in the market is a net positive for the industry. According to Watkins, the condition will force market participants to be judicious in their investments in order to make gains. “Dispersion is good. As the asset class matures, it will be harder to make ridiculous multiples buying ridiculous assets, that in many cases only made money because it was all so early. Active management will be paramount as dispersion continues and the opportunity shifts beyond BTC.” Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Crypto Surging Higher Than Expected As Asset Class Now in ‘Fundamentally Different Game’: Investor Ryan Watkins appeared first on The Daily Hodl . CoinTurk News