Top Crypto Analyst Updates Outlook on Bitcoin, Says Predictions of a BTC Crash Are Premature - BitcoinEthereumNews.com
Bitcoin क्रिप्टोशीर्ष क्रिप्टो विश्लेषक बिटकॉइन पर आउटलुक अपडेट करते हैं, कहते हैं कि बीटीसी क्रैश की भविष्यवाणियां समय से पहले हैं02 / 19 / 2022बिटकॉइन एथेरियम समाचार A closely followed strategist is looking at whats in store for Bitcoin (BTC) after a surprise mid-week dip rattled the overall crypto markets. In a new YouTube update, crypto analyst Justin Benett plots out key support and resistance levels for the leading crypto by market cap. As Bitcoin fights to retain the $40,000 level after losing 10% in just two days, Benett believes it wont crash down by another 25% or 50%. I think that any calls for $30,000 or $20,000 Bitcoin are very premature. Could it happen? Yes, I could very well be wrong, but at the same time, support is support until it isnt. So until we see Bitcoin close below those levels, they are intact as support. Benett targets $39,600 as a key level that Bitcoin needs to hold, and despite BTCs recent dramatic drop, advises against shorting the market. “This area right here around $39,600 is going to be support. Yes, Bitcoin did break below $42,000 yesterday. However, trying to short this market right now in my opinion is ill-advised simply because it is still above