THIS FACTOR COULD TRIGGER BITCOIN FALL SAYS JUSTIN BENNETT
Crypto analyst Justin Bennett is warning of a potential massive Bitcoin plunge, triggered by a key factor. According to Bennett, this factor could send Bitcoin's price plummeting to as low as $76,000 before the Trump inauguration.
Bennett's warning is based on a bearish chart pattern on Bitcoin's daily timeframe, which threatens to send the price to new lows. This pattern suggests that Bitcoin's price may be due for a significant correction, potentially driven by a combination of technical and fundamental factors.
It's worth noting that Bitcoin's price has been experiencing significant volatility in recent weeks, with prices fluctuating between $90,000 and $100,000.
While Bennett's warning is certainly alarming, it's essential to consider multiple perspectives and factors before making any investment decisions.
In related news, MicroStrategy's recent Bitcoin purchase of 2,136 BTC for $209 million has sparked significant interest, with the company's total holdings now standing at 446,400 BTC.
However, this move has also been met with skepticism, with some analysts warning of a potential market correction.follow @Crypto beans for more information on Bitcoin .
