Technical analyst DonAlt discusses Bitcoin’s BTC/USD weekly close and market structure, emphasizing the importance of consistent methodology for interpreting crypto market signals.
DonAlt sees $61,000-$64,000 range for Bitcoin as key, with a weekly close above $64,200 needed for bullish continuation. He also highlights Ethereum and advises caution on altcoins.
DonAlt stresses the importance of a consistent approach to market analysis and suggests a strategy for transitioning from bearish to bullish sentiment around the weekly open.
Explore the impact of Bitcoin as an institutional asset class at Benzinga’s Future of Digital Assets event on Nov. 19.
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