A widely followed crypto strategist thinks that Bitcoin (BTC) is in a tough spot even as it trades above $50,000. Analyst Justin Bennett tells his 112,000 followers on the social media platform X that BTC has hit the diagonal resistance of an ascending channel. An ascending channel is typically viewed as a bullish pattern as The post Crypto Analyst Warns Bitcoin Remains Vulnerable Above $50,000, Says Zero Reasons To Be Bullish on One DeFi Altcoin appeared first on The Daily Hodl .
