Crypto analyst DonAlt believes Bitcoin may be gearing up for a breakout that could take it well beyond current levels — with the $150,000 mark potentially in sight.
In a recent market update, the TechnicalRoundup co-host argued that large-scale buying from BTC-holding companies may overpower ongoing sell pressure from early investors.
Currently trading in a tight range near $108,000, Bitcoin has been stuck between $100K and $110K for weeks. But DonAlt sees signs that momentum is quietly shifting in favor of the bulls — especially as treasury-rich firms like MicroStrategy, Tesla, and Semler Scientific continue to accumulate.
He acknowledged that macroeconomic shifts could derail this trajectory, but under current conditions, he expects buyers to drive the price toward the $140K–$150K zone.
If Bitcoin manages to break out, he says, it could go even higher — unless market sentiment turns sharply bearish, in which case a steep drop may follow.
For now, Bitcoin remains steady, up slightly over the past 24 hours, but with corporate appetite growing, some analysts see a breakout as a matter of when, not if.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/bitcoin-could-reach-150k-as-corporate-demand-builds-says-analyst/