A crypto analyst who bucked the trend and bought Bitcoin (BTC) at its lows late last year is updating his outlook on the cryptocurrency markets.

The pseudonymous trader, who goes by the name DonAlt, says Bitcoin now has a sustainable, real narrative amid the backdrop of failing banks in the US and abroad.

DonAlt says he’s not done buying, and a BTC breakout to $100,000 is his target.

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