Analyst Behind XRP’s Legendary 700% Rally Prediction Unveils Bold New Bitcoin Forecast

TL;DR

• DonAlt, who previously predicted XRP’s 700% rally, says Bitcoin needs a weekly close above $66,600 to $68,000 to confirm a major breakout.
• If buyers fail, Bitcoin could revisit $60,000 and fall toward the $42,000 to $45,500 support zone in a deeper correction.
• The analyst prefers Ethereum’s cleaner recovery, while Bitcoin holders accumulated 29,075 BTC over the past week despite resistance and Federal Reserve uncertainty.

Trader DonAlt, known for calling XRP’s rise from $0.50 to $3.50, has issued a new Bitcoin outlook as BTC trades near the psychological $64,300 level ahead of the Federal Reserve’s rate decision during an unusually consequential market week. He describes the market as standing at an “equator” between an extended decline and a renewed major rally. The decisive signal is not an intraday move, but a weekly close above resistance. That restraint is notable: despite his reputation for a successful 700% XRP call, DonAlt is avoiding certainty and waiting for confirmation before increasing exposure.

$BTC

Above the red line we actually look quite good
Might have to add some if we do close above it pic.twitter.com/YzD9zLJx46

— DonAlt (@DonAlt) July 29, 2026

Bitcoin faces two dramatically different outcomes

His bullish scenario centers on the $66,600 to $68,000 resistance zone. A convincing weekly close above that range, he argues, would break the prevailing downtrend and create a direct route toward new all-time highs for the wider crypto market. Bitcoin must reclaim the upper resistance band before the larger bullish thesis becomes credible. The forecast therefore depends on market structure rather than a fixed target or deadline. Buyers may be close to the threshold, but being near resistance is not the same as defeating it, especially while monetary policy uncertainty keeps traders hesitant.

The bearish alternative is considerably harsher. If Bitcoin fails to maintain current levels, DonAlt sees an initial correction toward $60,000, followed by a possible fall into the $42,000 to $45,500 support zone if panic intensifies across the broader digital asset market. Failure at resistance could reopen a deep downside path that many traders may be underestimating. The gap between the bullish and bearish outcomes is unusually wide, reflecting how much importance the analyst places on the next weekly candle. One close could separate renewed price discovery from another prolonged and painful retracement.

DonAlt also expressed greater enthusiasm for Ethereum, saying its setup resembles Bitcoin’s but appears stronger because its chart is recovering more quickly and cleanly. Meanwhile, onchain data cited in the report showed large Bitcoin holders accumulated 29,075 BTC over the past week. Whale buying offers support, but it does not replace the confirmation DonAlt is demanding. The outlook leaves investors with a paradox: major holders are adding exposure while the market still sits below the level that would validate a broader breakout. Until that threshold falls, conviction remains conditional through the next weekly close.