Crypto analyst and trader Justin Bennett has warned that Bitcoin could drop below $60,000 before seeing an uptrend. He explains that Bitcoin needs to turn resistance levels into support levels for a confirmed uptrend, and without this trigger, there will be no trade. Bennett also suggests that there may be a correction in September's BTC candle before the next rally. He highlights that Tether dominance must break its 2018 trend line for Bitcoin to reach all-time highs. At present, Bitcoin is trading around $61,145.



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