Trader Who Accurately Predicted '2025 Peak' Says "Bitcoin's Key to Bullish Reversal is $87,000"

▲ Bitcoin (BTC)

An analysis suggests that Bitcoin (BTC) could enter a strong upward acceleration phase if it recovers $87,000. Anonymous analyst DonAlt, known for accurately pinpointing Bitcoin's peak in 2025, presented key price levels where market sentiment clearly shifts, diagnosing that a full-fledged bullish trend could unfold if Bitcoin surpasses specific resistance levels.

According to cryptocurrency media outlet Daily Hodl on May 6 (local time), DonAlt stated via X (formerly Twitter) that if Bitcoin breaks above $87,000, the market is highly likely to transition into a full bullish phase and accelerate its upward momentum. He analyzed that investors would cautiously begin to adopt a bullish perspective if Bitcoin exceeds $78,000, and bullish sentiment could fully materialize if it surpasses $87,000. Conversely, he believed that the market structure could significantly weaken if it falls below $70,000.

DonAlt assessed that Bitcoin has been forming a clear upward trend since its sharp drop to around $60,000 in February. He explained that the recent downturn did not appear as a deep and prolonged collapse like past bear markets, and on the chart, the decline period even looked relatively small. This is interpreted to mean that Bitcoin maintained its recovery trend after the sharp drop, absorbing a significant portion of the market's structural weakness.

He also lent weight to the possibility that Bitcoin's bottom has already been formed. DonAlt believed that there is not a high probability of Bitcoin falling to much lower price levels from the current range, and even in the worst-case scenario, it might show a period of sideways movement rather than a sharp drop. However, he also presented the observation that until a major breakout occurs, the price might fluctuate within a range, testing the patience of market participants.

The core of this analysis is whether Bitcoin can recover $78,000 and $87,000 sequentially. $78,000 was presented as the first hurdle for investor sentiment to shift from bearish to neutral/bullish, and $87,000 as the decisive benchmark for determining whether upward acceleration will occur. Conversely, a break below $70,000 was identified as a risk signal that would undermine the bullish scenario.

The Bitcoin market faces the possibility of increased volatility ahead of key price levels that will determine its short-term direction. If the breakout of $87,000 materializes as per DonAlt's analysis, Bitcoin will secure a signal for the resumption of a bull market, beyond a mere rebound. Conversely, if it fails to defend $70,000, confidence in the recent recovery trend will weaken, and market caution could increase again.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*