A top crypto trader and analyst is revealing how the king crypto (Bitcoin) could soar by nearly 50% to $38,000 per coin.
Bennett says that after breaking above $26,500, BTC will have to overcome the $30,000 level in order to appreciate by about 46% from the current price and hit the next target of $38,000.
"So if we can see Bitcoin reclaim those two levels that I mentioned and start to move higher over the coming days, then here are the two key areas I'm watching over the coming weeks.
Now, the first one comes in right around $30,000, and that's because of the consolidation that we saw back in May… so $30,000 area is going to be a huge area for Bitcoin. Above that, we do have the confluence of resistance up around $38,000…"
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