The crypto strategist Justin Bennett warns that Bitcoin's recent rally above $68,000 may not be sustainable. He explains that the rally is driven by speculators and weak spot market volume, and that the data is conflicting at the moment. Bennett advises traders to be cautious and emphasizes the importance of Bitcoin holding the $68,200 level to avoid a potential correction. He also notes that the USDT dominance chart, which tracks the amount of the crypto market cap belonging to the stablecoin USDT, has broken below two support levels. This is traditionally interpreted as bullish for Bitcoin and altcoins, suggesting that traders are using stablecoins to accumulate crypto assets. However, USDT.D is still below the trader's support areas, indicating potential further downside.



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