Bitcoin Faces Potential Drop to $50,000 If Critical $57,800 Support Fails, Warns Analyst Justin Bennett

Bitcoin’s inability to maintain the $57,800 support level could lead to a significant price decline. Analyst Justin Bennett suggests a potential drop in Bitcoin to as low as $50,000 if the critical support fails. Rising wedge formations on the four-hour chart signal further bearish trends, reinforcing Bennett’s forecast. Crypto analyst Justin Bennett predicts a potential

Source: CoinOtag