A top crypto trader and analyst is revealing how Bitcoin (BTC) could soar by nearly 50%.
Crypto analyst Justin Bennett tells his 11,100 YouTube subscribers that if the price of Bitcoin closes above $24,200, the next target is $26,500.
“Now, if we do get those reclaims above $23,450 and $24,200, then the next resistance area for Bitcoin is going to be around mid $25,000.
So right around $25,400 followed by mid-$26,000 is right around $26,500.”
Bennett says that after breaking above $26,500, Bitcoin will have to overcome the $30,000 level in order to appreciate by about 46% from the current price and hit the next target of $38,000.
”So if we can see Bitcoin reclaim those two levels that I mentioned and start to move higher over the coming days, then here are the two key areas I’m watching over the coming weeks.
Now, the first one comes in right around $30,000, and that’s because of the consolidation that we saw back in May… so $30,000 area is going to be a huge area for Bitcoin. Above...
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