According to an analyst who profited from the crypto rally earlier this year, Bitcoin has the potential to experience a sharp rally and reach a new high in 2023. DonAlt suggests that if Bitcoin breaks its current resistance level, it could reach around $36,000. He also notes that Bitcoin's price action has been constructive for the first time in months, but if it doesn't move up soon, he may derisk again. At the time of writing, Bitcoin is trading at $26,519.
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