Trader DonAlt calls BTC price action disappointing, awaits $42K

DonAlt, an anonymous crypto trader with around 710,000 followers on X, has described Bitcoin's recent price action as disappointing once again. He said that even the most aggressive traders should wait for the price to surpass $71,000 before taking long positions, warning that doing otherwise would only lead to slowly accumulating losses. He added that he is not in a hurry and is waiting for either a drop to $42,000 or a breakout above $86,000 to signal a change in the market structure. According to CoinMarketCap, BTC is currently trading at $64,411.22, down 4.76% from yesterday.