Crypto Analyst Says Ethereum Is Facing a "Moment of Truth" as Bitcoin's Next Move Hangs in the Balance
05/26 19:20
Crypto analyst Justin Bennett, who has a large following on Twitter, believes that Ethereum is at a critical point and a sustained break above $1,835 could lead to a rise to $1,890 next week. Meanwhile, Bitcoin is also facing an important moment as bulls attempt to recapture the $26,500-$26,700 area. Bennett says that today's close will be crucial for Bitcoin, and if it can retest the $26,500-$26,700 levels, it will move back to support. However, if it fails to do so, BTC could head towards $25,000.
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