Crypto Trader Warns That Top May Be In for Bitcoin (BTC) and Stocks - The Daily Hodl

The Daily Hodl
The Daily Hodl

29 Jun 2023 7:55 PM

A widely followed crypto analyst is warning traders that Bitcoin (BTC) and other assets like stocks may have reached a peak for now....

  • Financial analyst Justin Bennett believes that stocks may have reached their peak and warns traders not to get caught holding onto them when the market turns.
  • He also predicts that Bitcoin may drop to the $28,000 price region before rebounding.
  • Bennett analyzes the US Dollar Index (DXY) and sees it facing a significant test at its next level up.

The sentiment in the article is mostly negative, as the analyst warns about potential market downturns for stocks and Bitcoin.

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