A well-known trader is suggesting bitcoin could reach $80,000, but with caveats that it might not signal a full bull trend. this could lead to short-term buying pressure.
The trader, donalt, has a track record of accurate predictions, including xrp's rally. however, this is a projection and not a guarantee.
The trader believes bitcoin is at an attractive support level and is disregarding negative macro news, suggesting potential for a rebound towards $80,000.
The prediction implies a potential move in the near to medium term (march or spring period) as a corrective rebound.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Popular trader known online as DonAlt , who made history predicting a 700% XRP rally in 2024-2025, appears to have finally moved to the bullish side. In light of the latest developments, negative from a news standpoint but, as he says, decent from the perspective of how the cryptocurrency market has responded to them, the trader is now suggesting a return to $80,000 per BTC for the flagship cryptocurrency. Advertisement Why Bitcoin returning to $80,000 is not "bullish" scenario What makes this latest outlook particularly interesting is a detail that a move to that level could happen even without a full reversal into a confirmed bull trend, meaning it would more likely unfold as a corrective rebound after months of intense selling pressure and decline. $BTC Bad news, decent response Interesting spot, think you can make a good bull case here Weekly support, negative macro news entirely disregarded Maybe time for some up for at least a little bit, we have room up to $80k without flipping bullish pic.twitter.com/q8QdjGNAcB — DonAlt (@DonAlt) March 1, 2026 Among the arguments of DonAlt is that the current $67,500 level for Bitcoin looks like an attractive spot where someone could build a strong bull case. Supporting this view are weekly support levels as well as the fact that negative macro news such as PPI and global tensions were fully disregarded by the market. Advertisement You Might Also Like Sun, 03/01/2026 - 08:47 Bitcoin Did Not Crash Because of Jane Street, Galaxy Research Says By Alex Dovbnya HOT Stories Ripple CEO Urges Banks to Act in Good Faith Crypto Market Review: Bitcoin's $70,000 Guarded Like Treasure, Will Shiba Inu Have Bullish March? Ethereum Breaks Above 100-Day Threshold It is important to note that DonAlt is not turning into a full-scale buyer here, but rather expects that Bitcoin’s sell-off may slow down for a while. Therefore, selling during an obvious bearish catalyst around the $67,000 level does not seem rational in his view. For Bitcoin to reach $80,000, it would need to gain nearly 20%. Could this prediction indeed happen in March or the broader spring period, which has historically been a favorable time, is now the question to ask. Advertisement #Bitcoin #Bitcoin Price Prediction