A widely followed crypto trader says king crypto Bitcoin (BTC) may fall further in June before rebounding.
Crypto analyst Justin Bennett tells his 112,600 Twitter followers that $25,000 might be the next stop for BTC.
“BTC is still catching a bid at $26,560, but if this level fails, $25,000 is next.
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While many will bid $25,000 for a macro long, I think we see lower in the coming weeks.
Something like this is my base case but may be tweaked as things unfold.”
Source: Justin Bennett/Twitter
Diving deeper into the situation in a new blog post, Bennett says he is bearish on BTC for now.
“Bitcoin is once again testing the $26,560 key horizontal support after getting rejected from the mid-March trend line at $27,500…
The $27,500 area
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