Justin Bennett, a well-known cryptocurrency trader, expects Bitcoin (BTC) will fall further in June before recovering. He is currently negative on Bitcoin and believes that a daily closing below $26,560 is required to open up downside objectives such as $25,000. He also believes that a daily close over $27,500 would invalidate his bearish bias, exposing levels such as $28,500. At the time of writing, BTC is worth $26,919 USD.
Top Analyst Predicts Bitcoin (BTC) Activity Through June, Warns More Consolidation Likely