Crypto Strategist Issues Dire Warning to Traders, Details End-of-Year Bitcoin Prediction

Crypto Strategist Issues Dire Warning to Traders, Details End-of-Year Bitcoin Prediction


A closely followed crypto strategist who continues to build a following with timely Bitcoin calls is unveiling his worst-case scenario for BTC.

Justin Bennett tells his 108,800 Twitter followers that Bitcoin is forming a large bearish pattern that could potentially push BTC close to its 2018 bear market lows.

“Since late May, BTC has formed a descending triangle. The objective of this pattern is $5,000. Yes, that.

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This is probably a worst-case scenario for Bitcoin, and $12,000 comes before this. But don’t rule it out.” 

Source: Justin Bennett/Twitter

Bennett also says that while $5,000 is the pattern’s objective, it doesn’t necessarily mean that BTC will actually drop down to those levels.

“If you apply a percentage objective to this instead of a price objective, you

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