Analyst Bennett Predicts a Major Crypto Breakout This Week

• Justin Bennett, a crypto analyst predicts that in the days to come, Bitcoin and the preceding altcoins will encounter a major breakout.
• TechDev_52, a crypto analyst and trader revealed that Bitcoin’s price is ready for a correction in the short term.

The crypto world is still persevering through the harsh winter season which has shown little to no signs of ending. As the world continues to bear with the harsh predicament, Justin Bennett, a crypto analyst has carried with her a beacon of hope to the hopeful and despair to the pessimists.

The crypto analyst predicts that in a few days to come, Bitcoin and the preceding altcoins will encounter a major breakout. The prediction follows after the internationally known forex trader and crypto analyst closely observed the total altcoin market capitalization.

The total altcoin market capitalization is still swerving in a four-month terminal pattern, authentic signs of a breakout.

Bitcoin’s price remains yet undecided leaving Bitcoin investors with decision-making problems. This is after the king of crypto managed to hold above the $19,000 mark through the release of the  CPI data and US FOMC minutes.

Justin predicts yet another significant breakout this mid-week earliest this Wednesday. He has predicted other major breakouts in the past including those of Bitcoin, Ethereum, and altcoins in the top thirty. The breakout prediction implies either Bitcoin could undergo all odds and experience a great spike in dominance or go through worse and lose its key support at $19,000 and witness a decline.

Justin urges traders to gear up now as the quiet time for cryptocurrencies is about to come to an end. He continues to say that unpredictable change is about to occur in the coming week. Bennet shared her thoughts in a tweet and was quoted saying;

Some of you apparently think I’m far more bullish than I am. I’m not a permabull or permabear. I’m a trader, so I respect the charts. Period. Bitcoin can break higher, lower, or continue to go sideways. There will be opportunities regardless.

Bitcoin Correction on the Horizon

Findings from TechDev_52, a crypto analyst and trader reveal that a 14-18 month BTC corrective wave is still in the making. According to the analyst, Bitcoin price is ready for a correction in the short-term and reveals a bearish outlook.