![]() Ethereum Could Rise to $2,000, Bennett Suggests The 14-day relative strength index (RSI) is also at its strongest point since February 20, tracking at 62.54, which is slightly below the resistance point at the 65.00 mark. At the time of writing, Bitcoin is trading at $24,692, 15% higher than the same point last week. This resulted in Bitcoin once again rising above the $25,000 level. BTC Rises Above $25,000 MomentarilyīTC/USD rallied to an intraday peak of $25,240.62 earlier in the day, breaking out of a key resistance level at the $25,050 zone. Bennett warns that if Bitcoin loses support at the $23,000 level, it could potentially dip down to $21,500. A daily close above $25,200 would signal the next leg up toward the $28,000-$30,000 region, but this is contingent on a solid bounce from the mid $23,000 area. He suggests that an aggressive bounce from the $23,000-$23,500 area could send BTC back to $25,200. Analyzing Bitcoin’s Next Movesīennett predicts that Tuesday’s pullback cleared out late longs and potentially flushed the liquidity build-up just above $23,000. Bennett believes that Bitcoin could potentially climb up to $30,000 if its price sees a close above $25,000. ![]() He analyzed whether the recent “mind-bending pump that garnered 35% in five days” is over or if BTC has more room to run. According to Bennett, Bitcoin could potentially surge more than 20% from its current value. ![]() The Solana network is powered by the SOL token.Justin Bennett, a popular cryptocurrency analyst, has updated his outlook on Bitcoin (BTC) following its 35% surge in just five days. FTX’s fall led to industry-wide chaos, limiting the liquidity of businesses exposed to it. Former FTX CEO Sam Bankman-Fried, accused of stealing billions of dollars from investors, lauded Solana regularly. Solana’s (SOL) price fell 10.36 per cent on Wednesday and is down 94.2 per cent for the year, Reuters reported. The investigators said suspicious tweets were deleted from the account and it would be restored shortly. Meanwhile, cybersecurity agencies have started a preliminary probe into the attack. The Jal Shakti Ministry's Twitter account faced a similar attack earlier this month. “The website linked in the Ministry of Jal Shakti’s tweet leads to a standard cryptocurrency scam page mimicking the layout with links to separate giveaway pages for Bitcoin ($BTC) and Ethereum ($ETH),” Narang said in a tweet. Hackers reportedly posted bogus promotional giveaway adverts for Tesla vehicles and cryptocurrencies like Bitcoin and Ethereum.Ĭommenting on the attack, Satnam Narang, senior engineer at the US-based cybersecurity firm Tenable, said the attackers used multiple bot accounts to repost and like the post. Water Resource Ministry’s Twitter Account HackedĪccording to a cybersecurity expert, the Twitter account of the Ministry of Jal Shakti was briefly hacked on Wednesday morning. The accused also claimed to be running a cooperative society bank in Maharashtra, which turned out to be false," TOI quoted the FIR as saying. "They also claimed to be building a swanky office, but when a few investors visited Dubai to check the authenticity, they were allegedly shown random under-construction buildings.
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