BitcoinWorld

Anthony
Latest News

Justin Bennett, Crypto Analyst Says Bitcoin Is Ready To Outpace Altcoins

So, Crypto analyst Justin Bennett notes how Bitcoin (BTC) may be ready to outperform the rest of the crypto markets.

Notably, Justin has an audience of 86,000 Twitter followers. So, he tells them how Bitcoin dominance is showing strong support level.

Also, Justin Bennett notes how Bitcoin is targeting to break past a critical resistance point.

“This could be where Bitcoin starts to outpace altcoins for a bit.”
“It’s no surprise that BTC is making a move on a key breakout…”
“level at $64k while BTC.D has just come into support.”


Notably, Justin notes how Bitcoin can convincingly get a spot above $63,700.
Also, it can be able to maintain momentum to all-time highs.
Additionally, according to Justin Bennett chart, BTC recently breaks free from a bearish descending channel.

“BTC is testing $63,700. Get above that, and we’re back to $67,000 and a new all-time high.”

Then, Justin Bennett highlights.

Furthermore, assuming Bitcoin continues following the 2017 fractal, it can hit $80,000 in the next two weeks.

More so, Justin explains.

“The 2017 BTC fractal has been accurate since June.”
“Currently shows $80kish in the next two weeks,..”
“followed by a mid-November pullback to $65k. Then $100k+ in December.”
“Let’s see.”

Lastly, Justin concludes

Gensler, SEC Chair Discusses Issues Around The Bitcoin-linked ETF

Galaxy Interactive Rises Additional $325M Fund For Metaverse and Next Gen…>

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.