• Top trader DonAlt has flipped bearish on Bitcoin, predicting a potential drop to $20,000.
• Analyst Credible Crypto remains bullish, predicting that BTC could rally toward $38,000.
• Bitcoin is currently trading at $29,765.

Top Trader Flips Bearish on Bitcoin

Pseudonymous analyst DonAlt tells his 499,300 Twitter followers that he is now bearish on BTC and believes it is possible for BTC to correct down to $20,000 after losing $30,000 as support.

Credible Crypto Remains Bullish

Fellow analyst Credible Crypto remains bullish on Bitcoin even though it is trading below $30,000. The analyst says that ever since Bitcoin bottomed out last year, it has been in a habit of breaking range support levels before igniting on steep rallies.

Current Price of BTC

At time of writing, BTC is trading for $29,765.

DonAlt’s Worst Case Scenario

According to the crypto strategist DonAlt predicts the worst case scenario for BTC could be all the way down to $20,000 after losing support at $30k. He’s waiting for signs that bulls haven’t been neutered and expecting chop and rug pulls until then.

Credible Crypto’s Prediction

Looking at Credible Crypto’s chart he appears to predict a Bitcoin rally toward $38k as the next impulse from its current price of about 29k USD.

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