
Bitcoin rebounds from key support as traders eye renewed push toward $80,000
Bitcoin rebounds from $75,650 support, targeting $80,000 soon.

Bitcoin is currently consolidating between $76,300 and $77,750 as traders await the FOMC meeting and upcoming GDP data. Trader DonAlt suggests that patience is key for the market, indicating a healthy reset phase for Bitcoin.
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Amid tense anticipation ahead of the FOMC meeting and Q1 2026 GDP data, Bitcoin (BTC) is consolidating in the $76,300-$77,750 range. Against this backdrop, a comment from trader DonAlt has drawn particular attention - a figure whose XRP forecasts in 2024-2025 resulted in a sevenfold increase.
This time, instead of calling for new "rockets", the expert trader offers the market a dose of cold-blooded patience.
DonAlt, whose structural analysis of XRP allowed him to predict the rally to $3.66, now assesses Bitcoin's condition as "kind of alright". Despite recent volatility, he notes that BTC showed a solid reaction at support levels.
Resistance from here looks "so-so", the trader sums up briefly - the market may simply need more time. His stance contrasts with the broader tension ahead of the FOMC meeting, where a rate hold is expected with 99% probability.
Bitcoin price outlook by DonAlt, Source: DonAlt's X
While retail participants speculate on whether BTC will hold key support at $75,200, institutional interest remains risk-off. Bitcoin ETF funds continue to see outflows since the start of the week, losing another $89.68 million over the past day.
DonAlt's perspective stands out for its calmness. Support has been handled cleanly, removing short-term panic sentiment. Resistance does not yet have sufficient strength for an immediate breakout toward $80,000 per BTC. So, the diagnosis is as follows - time is the main ally of the current cycle.
In such an environment, the "give the market time" strategy proposed by one of the most accurate forecasters in recent years appears to be the most rational response to current uncertainty.
Bitcoin is consolidating in the $76,300 to $77,750 range.
DonAlt is a trader known for his XRP forecasts, and he currently believes Bitcoin is in a healthy reset phase requiring patience.
The upcoming FOMC meeting and Q1 2026 GDP data are creating anticipation and influencing Bitcoin's market behavior.

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