DonAlt says BTC is in an uptrend; $78k-$87k are bullish trigger levels as analysts warn 200-day SMA near $84k is 'most critical' — CryptoQuant flags $93k CME gap as key upside target
first published 2026-05-06T09:15:37Z
Pseudonymous analyst DonAlt tells his 727,200 X followers Bitcoin is in a clear uptrend after a February dip to about $60,000 and that the market bottom is likely behind us. He gives specific price thresholds: a rise above ~$78,000 would trigger cautious bullishness, above ~$87,000 could spark full-blown bullish acceleration, while a drop below ~$70,000 risks a sharp downturn. Bitcoin was trading near $81,272 at the time of the report.
AI Analysis
DonAlt — identified as a pseudonymous analyst with 727,200 X followers — states BTC is in a clear uptrend after dipping to about $60,000, believes the market bottom is likely in, and provides concrete thresholds: $78,000+ for cautious bullishness, $87,000+ for full-blown bullish acceleration, and sub-$70,000 risking a sharp downturn. The article also notes BTC was trading near $81,272 when reported.
Expected Investor Sentiment: Bullish
Potential Market Impact: High
Source Articles
- Trader Who Nailed 2025 Bitcoin Top Details ‘Full-Blown Bullish’ Price for BTC – Here Are His Key Levels - Daily Hodl
- Bitcoin approaches $82,000 as oil crashes 6% on fresh Iran peace deal hopes - CoinDesk
- Bitcoin moves above $82,000 while ZEC and DASH post double-digit rallies - CoinDesk
- Crypto Traders Liquidate $66M Shorts as Bitcoin Spikes Past $82,000 Level - Bitcoin.com
- Bitcoin and ethereum prices today, Wednesday, May 6, 2026: Prices up; bitcoin at highest level since January - Yahoo Finance
- Bitcoin short-term holder cost basis eyes $92K as next price target - Cointelegraph
- Bitcoin can crash to $50K if 'most critical' bear market test fails: Analysis - Cointelegraph
- Bitcoin Long Term Holders Reach Record Near $81K - Coinpedia
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- Bitcoin price breaches $82K resistance, bullish crossover hints move to $85K next - Crypto News
- U.S.-Iran Peace Deal Could Be Signed Within 48 Hours, Will Crypto Market Rally? - Coinpedia
- CryptoQuant analyst flags $93k as key upside target for Bitcoin - Crypto News