BTC Set to Break Records Amid Growing Pessimism, Analyst Claims
Crypto analyst Justin Bennett believes Bitcoin’s recent dip is a setup for a major rally. He expects BTC to drop below $100,000—potentially hitting $97,000—before surging to a new all-time high of $120,000.
Bennett warns that the current market is causing traders to turn overly bearish, much like in 2021. But he argues this cycle is different. He also notes that aggressive short sellers could get wiped out. Beyond Bitcoin, Bennett sees the total crypto market cap (TOTAL) correcting to $3.04 trillion, reinforcing his short-term bearish but long-term bullish view.
Clever Robot News Desk 2nd June 2025
