Bitcoin, Ethereum, XRP In Fine Shape, Analyst Says: ‘People Are Freaking Out Just Because It’s Going Sideways’
Posted On July 24, 2025
A recent minor dip across major cryptocurrencies did little to discourage one of the industry’s most prominent analysts, who remains optimistic about near-term price action.
What Happened: In a podcast update published on Wednesday, pseudonymous crypto analyst DonAlt said he’s surprised by how quickly traders are panicking over minor pullbacks: “Bitcoin’s (CRYPTO: BTC) chart is hilariously bullish on the monthly. People are freaking out just because it’s going sideways.”
According to him, Bitcoin is simply consolidating near $120,000, which is to be expected after a strong move up. His invalidation level sits well below at $95,000, unless that’s breached, he’s not …
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