Crypto analyst Justin Bennett is warning that Bitcoin may drop into the $70,000 range. He believes that Bitcoin will likely close the November CME gap at $77,360 and intersect with a September 2023 trendline. Unless Bitcoin miraculously closes February above $92,000, Bennett suggests that the odds are not looking good. Currently trading at $84,837, Bitcoin has decreased by 2.2% in the last 24 hours. Bennett is also closely monitoring the USDT.D chart for signs of a possible bullish reversal for Bitcoin. A bullish USDT.D chart indicates traders unloading their cryptocurrencies in favor of the stablecoin USDT.



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