Justin Bennett
@JustinBennettFX
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23-year Forex/Crypto/Equity trader. $DXY $EURUSD $BTC $ETH. Join Discord by depositing $500 or more with Bybit:
Joined March 2014
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I'm sharing my exact plan for $BTC, $ETH, $VET, $ADA, etc., in today's newsletter.
It'll be out later today.
Get access here:
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Why is $VET going to $1+?
• First-class team
• Big-name partners
• Working product
• $9B market cap in a $50T SC industry
• Multi-industry use case
• The charts are pure art
But the x-factor is this...
The
#VeFam
is one of the strongest communities in crypto. 💪
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My $500 $VET giveaway starts now! 🥳
5 randomly chosen winners will receive $100 in VET!
To Win:
1. Follow
@JustinBennettFX
2. Retweet
3. Tag a friend in comments
Please follow the rules!
⌛️ 48 HOURS
#VET
#VeChain
#VeFam
$VTHO
#VTHO
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Hey fam! Got back late last night as a newly married man!
The wedding was incredible. By far the best week of my life! 😊
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New strategy:
Put $1k in every meme token at the bottom of the next bear market.
🤝
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Thinking of starting a YouTube channel to capture my thoughts throughout the week.
It's a lot easier to convey my ideas in video format.
What do you think?
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If this is the top, it would be the shortest bull market in
#Bitcoin
's history (from the previous ATH).
I still think this looks similar to 2013 (red circles). That correction was much scarier than this one, and look what followed.
I'm comfortable riding out the storm.
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You don't have to be a master of TA to know this doesn't look good.
The way I see it, $BTC has 35 hours to get back above $65k.
If it can't, things will start looking bleak, IMO.
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Today's rally is nice to see, but don't forget who just took $BTC from $65,000 to $30,000.
Those institutions now need to accumulate. That won't happen in a day. It can't.
How do they buy lower?
They shake out weak hands.
Expect more volatility over the next few weeks.
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$ADA at $3 had the same market cap as $VET would at $1.5.
Let that sink in.
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I'd love to know how so many believe
#Bitcoin
will reach $100k or even $50k this year when volume looks like this.
A rally on decreasing volume = exhaustion.
$BTC
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$BTC and $ETH ran 550% and 600% in the final 18 weeks of the 2017 bull run, respectively.
$LTC pumped 1,140% during the same period.
$XRP did +2,100%.
Even if $VET "only" runs 600% from local lows, that's $1.
Something more like 1,000% - 2,000% is $1.50 - $3.
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So I'm getting married in 9 days. 🤵♂️ 👰
100k followers would be a nice wedding gift. 🎁
Just saying.
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Bought the $VET dip. All orders between 0.10 and 0.12 have been filled.
Let's go! 🚀
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$ETH is an absolute beast! 💪
Wait until those profits flow into smaller coins like $VET and $ADA. 🚀
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If you believe $VET can reach $1+ this year, you have to at least respect the potential for a $10+ $ADA and vice versa.
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This pullback is a bear trap.
We're at the "disbelief" phase of the
#crypto
cycle.
We just witnessed several higher highs at the tail end of a 2+ year bear market (see the right side of the chart below).
The real fun begins after this pullback. 🚀
$BTC $ETH $VET
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Returned from fishing to find that I now have 80,000 followers. 😳
Appreciate every one of you. 🙏
Now let's get $VET closed above 0.123.
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What people forget is that $VET started this correction at +17,600% from the March 2020 low.
Even at 0.04, it'd still be up 2,400% since the 2020 low.
You don't get to enjoy those kinds of gains without major gut checks along the way.
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I've been buying $VET all morning. Will continue to load up on dips.
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The crypto bull market is NOT over.
Bull runs don't end with a whimper. They go out with a bang.
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Apparently, some of you think I'm a "negative person" because I post bearish TA.
If you associate bullish with positive and bearish with negative, you're an emotional investor/trader.
Markets go both ways. I'll continue to post what I see for those who get it.
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Who wants to hear about a new low-cap
#P2E
play? I'm talking high risk, high reward.
If this gets 300 likes, I'll share it. If not, I'll keep it to myself.
I don't want to create drama if the interest isn't there.
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$ETH macro bottom is $300-$400, IMO.
Key horizontal level + multi-year ascending channel support + golden pocket of the March 2020 - ATH range.
#Ethereum
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0.08 $VET ✅
0.09, then 0.10 ⌛️
It was always inevitable.
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$300 $VET Giveaway! 🥳
3 randomly chosen winners will receive $100 in VET!
To Win:
1. Follow:
@JustinBennettFX
2. Subscribe:
3. Retweet
4. Tag a friend in comments
Please follow the rules!
⌛️ ENDS THIS FRIDAY!
#VET
#VeChain
#VeFam
$VTHO
#VTHO
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I've lost 200 followers since yesterday because I've discussed the potential for markets to move lower.
I can gain 400 followers in a day if I'm only talking about things pumping.
If that isn't confirmation bias, I don't know what is.
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40,000 followers!! 🙌
On a day with so many all-time highs. 🚀
I greatly appreciate the support. 🤟
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Here are the parallels I'm watching on the total mcap chart.
Think of these as tiers. The upper is bullish, the middle is neutral/bullish, and the lower is short-term bearish.
Hope this helps.
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I'll be giving away $500 worth of $VET on Monday.
Details to follow. Stay tuned.
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On any other day, $VET being down 20% would be a bloodbath.
After this morning, it feels bullish!
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Nothing like watching $VET run 13% while $BTC and $ETH sit idle. 💪
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Are you prepared for a bull market that lasts 6-12 months longer than most expect?
That's probably what we're looking at here.
The idea of a Dec/Jan peak becomes less likely the longer $BTC trades sideways.
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The view from my office on nice days. And my two assistants who tend to do more sleeping than assisting. 🤷♂️
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The $BTC 2017 fractal is still playing out to a T. It's been accurate since June, and
#Bitcoin
is showing no signs of deviating.
It implies $80k+ in the next two weeks, followed by a mid to late-month pullback, then $100k+ in December.
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Since late May, $BTC has formed a descending triangle.
The objective of this pattern is $5k. Yes, that.
This is probably a worst-case scenario for
#Bitcoin
, and $12k comes before this. But don't rule it out.
And just remember, you asked for it. 🤷♂️ 😅
I want to share a
#Bitcoin
chart, but I'm honestly not sure CT can handle it.
To share or not to share? 🤔
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$BTC still down over 5%, while $VET is up 19% and $VTHO is up 55%.
What a crazy, bizarre day.
#VeFam
is 💪
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