A trader known as DonAlt, famous for forecasting a 700% rally in XRP during 2024-2025, has expressed cautious optimism about Bitcoin. He suggests the cryptocurrency could rebound to $80,000 from its current level around $67,500, despite negative macroeconomic news. This move would represent a corrective uptick rather than a full bullish reversal.
The trader, who goes by DonAlt online, has shifted toward a more positive stance on Bitcoin amid recent market dynamics. According to a report published on March 1, 2026, DonAlt views the current price of approximately $67,500 as an appealing entry point for building a bull case. He points to strong weekly support levels and the market's dismissal of adverse factors, such as producer price index (PPI) data and global tensions, as reasons for potential upside.
DonAlt shared his analysis in a post, stating, "Interesting spot, think you can make a good bull case here. Weekly support, negative macro news entirely disregarded. Maybe time for some up for at least a little bit, we have room up to $80k without flipping bullish." This indicates he anticipates a temporary slowdown in Bitcoin's sell-off, rather than committing to aggressive buying. He advises against selling near $67,000 during bearish catalysts, as it may not be rational given the supportive elements.
Reaching $80,000 would require Bitcoin to gain nearly 20% from its present value. DonAlt's perspective aligns with historical patterns, noting that spring periods have often been favorable for cryptocurrencies. His prior success in predicting XRP's significant surge adds credibility to his current outlook, though he remains measured, emphasizing this as a rebound scenario post-decline rather than the start of a confirmed bull trend.
The analysis comes at a time when Bitcoin has faced intense selling pressure, but the market's resilience to bad news provides a foundation for DonAlt's tempered expectations.
