Crypto trader DonAlt, famed for accurately calling XRP's 700% rally in 2024–2025, has issued a critical outlook on Bitcoin's next move. According to his analysis, the entire intermediate trend hinges on whether buyers can hold the $61,000 level.
Bitcoin is currently oscillating near $62,500–$63,500 after a steep June decline. However, DonAlt urges traders to ignore short-term noise and focus solely on the monthly candle close. A July close above $61,000 would confirm bullish structure and set the stage for a sustained uptrend. Conversely, a close at or below this threshold would signal that the recent bounce is merely a “pity bounce” — a brief corrective move before another leg down toward the next major support near $45,000.
For XRP and the broader altcoin market, the verdict is equally important. Historically, XRP’s largest moves have coincided with a stable or rising Bitcoin. If BTC holds above $61,000 and consolidates, it could unleash liquidity and spark a local altcoin rally. A breakdown, however, would likely drag XRP lower, erasing recent gains. The Federal Reserve’s July 28–29 meeting adds another layer of uncertainty, as its rate decision and Chair Powell’s comments are expected to set the direction for all risk assets, including crypto.
