Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Medical Tech Firm Semler Scientific Gobbles Up Another $50,000,000 Worth of Bitcoin, Now Owns More Than 4,000 BTC

May 24, 2025

Shiba Inu (SHIB) Price Analysis: 5% Drop Finds Support as Holder Confidence Holds

May 24, 2025

Chinese Automotive Firm Reveals Dual-Track Plan to Buy 1,000 Bitcoins Over Next Year

May 24, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Medical Tech Firm Semler Scientific Gobbles Up Another $50,000,000 Worth of Bitcoin, Now Owns More Than 4,000 BTC

    May 24, 2025

    Shiba Inu (SHIB) Price Analysis: 5% Drop Finds Support as Holder Confidence Holds

    May 24, 2025

    Chinese Automotive Firm Reveals Dual-Track Plan to Buy 1,000 Bitcoins Over Next Year

    May 24, 2025

    Billionaire Bill Ackman Pours $1,039,000,000 Into Single Asset in Major Portfolio Shift: Report

    May 24, 2025

    Medical Tech Firm Semler Scientific Gobbles Up Another $50,000,000 Worth of Bitcoin, Now Owns More Than 4,000 BTC

    May 24, 2025

    Hyperliquid trader James Wynn goes ‘all-in’ on $1.25B Bitcoin Long

    May 24, 2025

    Raoul Pal Predicts $140,000+ Bitcoin by July, Says Key Metric Flashing Bullish Signal for BTC

    May 24, 2025

    Bitcoin treasury companies will hold ‘way more’ than Bitcoiners expect: Exec

    May 24, 2025

    BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

    May 23, 2025

    The future of Web3 is not blockchain

    May 23, 2025

    Bitcoin Primed To Go Higher Faster Than Expected, Says Analyst Michaël van de Poppe – Here Are His Targets

    May 22, 2025

    Whale buys back ETH holdings after missing $2.6M gain

    May 22, 2025

    Analyst Says Full-Blown Altseason Has Started, Outlines Path Forward for Dogecoin, Floki and Pepe

    May 23, 2025

    Crypto, NFTs are a lifeboat in the sinking fiat system: Finance Redefined

    May 23, 2025

    Ethereum price chart targets $4K as transaction fees hit 3-month high

    May 23, 2025

    XRP price fails to respond to two extremely bullish developments — Here is why

    May 22, 2025

    Medical Tech Firm Semler Scientific Gobbles Up Another $50,000,000 Worth of Bitcoin, Now Owns More Than 4,000 BTC

    May 24, 2025

    Shiba Inu (SHIB) Price Analysis: 5% Drop Finds Support as Holder Confidence Holds

    May 24, 2025

    Chinese Automotive Firm Reveals Dual-Track Plan to Buy 1,000 Bitcoins Over Next Year

    May 24, 2025

    11 Top Free Bitcoin Cloud Mining Sites Regulated by the US SEC

    May 24, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    Crypto Meets Real Estate: Grant Cardone’s Bold Bitcoin Strategy (Massive Price Prediction)

    May 24, 2025

    Pi Network: You Won't Believe This! Review, History & Potential

    May 24, 2025

    Dollar's Dying! Escape Now or Regret It! (Financial Warning)

    May 23, 2025

    “Do Not Be Fooled!” Kevin O’Leary Issues BIG Warning To Crypto Holders

    May 23, 2025

    Sui vs. Solana vs. Bitcoin: Crypto's Public Perception!

    May 23, 2025
ApeWatcher News
Home » Crypto Analyst Justin Bennett Issues Warning on Bitcoin, Says Crypto Market Will Get ‘Hammered’ if This Happens
Crypto Analyst Justin Bennett Issues Warning on Bitcoin, Says Crypto Market Will Get ‘Hammered’ if This Happens
Altcoin

Crypto Analyst Justin Bennett Issues Warning on Bitcoin, Says Crypto Market Will Get ‘Hammered’ if This Happens

The Daily HodlBy The Daily HodlJune 20, 20240 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

A widely followed crypto analyst is issuing a warning about Bitcoin (BTC), saying the crypto king could see a sharp decline in price if one other major market crashes.

In a new strategy session, crypto trader Justin Bennett tells his 110,800 followers on the social media platform X that BTC and crypto in general will get hammered if the stock market crashes.

“Crypto bulls better pray the stock market doesn’t roll over because the recent relative weakness suggests the crypto market will get hammered if it does.”

According to Bennett, if Bitcoin’s latest price drop was a fakeout or a deviation, it would have already been known.

“BTC is still holding below its Oct. 2023 trend line, and now we’re seeing some follow-through.

If this were going to be a fakeout/deviation, it likely should’ve occurred on that June 17th candle. Not great, especially when you consider that the S&P, Nasdaq, etc. have been up only for weeks.”

Bennett goes on to note that the declining market dominance level of stablecoin Tether (USDT) could also significantly impact the digital assets market.

The trader’s charts indicate that Tether’s dominance is forming a higher low, which could spell bad news for the crypto markets.

“I’ve warned about this USDT.D (Tether dominance) trend line for months, and it’s still highly relevant. Higher low developing? This could change, but it’s not a good look for the crypto market as things stand.”

GIjBRxAXAAE-jGP
GIjBRxAXAAE-jGP

Bitcoin is trading for $65,027 at time of writing while Tether’s dominance level is sitting at 4.87.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Follow us on X, Facebook and Telegram

Featured Image: Shutterstock/GrandeDuc/Nikelser Kate



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Analyst Says Full-Blown Altseason Has Started, Outlines Path Forward for Dogecoin, Floki and Pepe

May 23, 2025

Crypto, NFTs are a lifeboat in the sinking fiat system: Finance Redefined

May 23, 2025

Ethereum price chart targets $4K as transaction fees hit 3-month high

May 23, 2025

XRP price fails to respond to two extremely bullish developments — Here is why

May 22, 2025

Solana price fractal targets rally to $260, but one thing must happen first — Analysts

May 22, 2025

Crypto Trader Says Bitcoin Has Entered Price Discovery, Updates Outlook on Ethereum, Solana and Dogecoin

May 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Medical Tech Firm Semler Scientific Gobbles Up Another $50,000,000 Worth of Bitcoin, Now Owns More Than 4,000 BTC

May 24, 2025

Shiba Inu (SHIB) Price Analysis: 5% Drop Finds Support as Holder Confidence Holds

May 24, 2025

Chinese Automotive Firm Reveals Dual-Track Plan to Buy 1,000 Bitcoins Over Next Year

May 24, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.