Author of Legendary 700% XRP Prediction Reacts to Crypto Market Collapse, Reveals Bitcoin Price Outlook

Cover image via depositphotos.com 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 DonAlt , who accurately predicted XRP's phenomenal rally from $0.6 to $3.5 in the 2024–2025 cycle, broke his silence to cool down market participants. Spoiler: there is no bullish "hopium" here. Advertisement His latest Bitcoin update for early June 2026 is a sober cold shower for those who expected immediate parabolic growth. Instead of hype, DonAlt suggests looking at the market through healthy skepticism and irony toward the crowd. Analyzing the latest BTC/USD chart, the trader states that, globally, nothing has changed in the market for several months, while the main cryptocurrency remains locked in a prolonged sideways range. HOT Stories XRP, Shiba Inu (SHIB), Bitcoin (BTC) and Dogecoin (DOGE) Price Analysis for June 2nd: Chances for Bull Run Are Slim Death to Liquidations: Vitalik Pitches Options-Based DeFi 'Not great, not bad' In his view, the price is firmly capped from above by the seller zone at $82,300, while from below the market is protected by a strong support block at $60,000, rooted in the prolonged consolidation of previous years. Taking all this into account, the trader described Bitcoin's current condition succinctly as "not bad, but not great either." Advertisement The most interesting angle in DonAlt's analysis concerns crowd psychology and a potential trigger for a local decline. He admits that Bitcoin could correct toward support around $60,000, but the reason would not be a fundamental breakdown of the trend. Instead, it would be a simple reverse fear-of-missing-out syndrome, or FUD. DonAlt's Bitcoin price outlook, Source: DonAlt The trader jokes that the crowd is ready to panic over an invented narrative that Strategy head Michael Saylor has "found the sell button". However, DonAlt emphasizes that any strong breakdown below $60,000 on the back of these fears would come as a major surprise to him. You Might Also Like Tue, 06/02/2026 - 00:01 XRP, Shiba Inu (SHIB), Bitcoin (BTC) and Dogecoin (DOGE) Price Analysis for June 2nd: Chances for Bull Run Are Slim By Arman Shirinyan Advertisement It is also worth paying attention to why DonAlt's caution deserves to be taken seriously. In the past, he did not just predict XRP's rally , but also showed flexibility at the right time. When his maximum target of $6.9 became unrealistic due to the end of the "crime season", he publicly abandoned that forecast to preserve capital. Today, his position on BTC reflects the same pragmatism. The market is not dying, but it is not flying into space either, which means this is a time for patience, not emotional decisions. #XRP #Bitcoin #Bitcoin Price Prediction #XRP News #Bitcoin News