In the realm where whispers of the market gods are as fleeting as the wind, a trader known only as DonAlt, a name as enigmatic as the crypto he analyzes, has spoken. To his 67,000 devout followers on the TechnicalRoundup YouTube channel, he proclaims, with a wink and a nod, that Bitcoin remains “hilariously bullish.” 🌟
Yet, beneath the laughter, a shadow looms. DonAlt warns that if Bitcoin were to falter by a mere 9% from its current perch, the bullish thesis might crumble like a castle of cards. “You just don’t want to necessarily lose $108,000,” he muses, “I think that’s like the first warning sign that something is wrong…”
But fear not, dear investors, for DonAlt is not yet ready to sound the retreat. “But I’m not too worried just yet. I will be very, very worried if we lose this breakout [$108,000]. And then I’ll I’ll see if I change my positioning. But until then, you can barely see this pullback. It’s not even a pullback on the weekly time frame. There’s literally just like a consolidation.” 😎
Among the myriad risks that Bitcoin faces, one stands out: the whims of corporate titans who have taken to hoarding BTC like dragons guarding their gold. “If they’re done and they cannot buy anymore, that would be the end of the Ponzi, which would not be great, right. Because then I think that would basically nuke us. So that’s the risk.”
“I think it’s a real risk and it’s never been riskier in that regard. It’s just basically the reward that you get if you’re right and bullish, kind of equals that out. But it is, don’t get me wrong, like I think it’s a dangerous spot that we’re in. It gets harder and harder to hold, basically.” 🤔
At the time of writing, Bitcoin stands tall at $118,090, a 13% ascent over the past 30 days, defying the skeptics and fueling the dreams of the faithful. 🚀
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2025-07-25 10:22