Bitcoin (BTC) could have simply fashioned essentially the most paradoxical bullish setup of the cycle — one which seems unfavorable at first look, however behind the scenes of the worth chart, it resets the complete underlying construction.
A well-liked dealer often called DonAlt, who appropriately predicted the March 2023 backside and XRP’s 700% rally in 2024, admits that he’s not thrilled with this Bitcoin chart however acknowledges that it’s the finest bull case left on the desk proper now.
In his new outlook, shared on X with three layered time frames, DonAlt frames Bitcoin’s pullback from $120,000 to $104,000 as a retest of higher-time-frame demand — a zone that after marked the breakout base of this cycle’s rally.
$BTC
Greatest bullcase I could make is that this one and I do not significantly hate it
Month-to-month at help
Weekly at help
Day by day at help pic.twitter.com/6yKBYSO9Ej— DonAlt (@CryptoDonAlt) November 12, 2025
The month-to-month and weekly charts considerably affirm the bias as the previous reveals a clear dip into prior resistance-turned-support, whereas the latter signifies compression simply above $100,000. The each day one, although, hints at a potential larger low construction forming round $102,000-$104,000.
Simple situation
In less complicated phrases, if Bitcoin holds this help zone, it may grow to be the launching pad for a surge towards $130,000 and past. If the BTC worth loses this help stage, the following main block sits a lot decrease, close to $82,000-$89,000 — the final untouched liquidity zone since early 2024.
Thus, DonAlt will not be blindly optimistic. It’s simply that, regardless of all of the macro noise and ETF saturation, Bitcoin provides the cleanest technical map of any asset. There are not any messy fundamentals or earnings cycles, simply ranges and liquidity. Proper now, that map nonetheless signifies that the bull case exists, even when it’s not best and fairly.
