Popular crypto analyst Justin Bennett is plotting out a roadmap for how Bitcoin can recapture the $50,000 level in the coming weeks.

“I want to show you what I’m looking for in March – this potential setup that could have Bitcoin trading up toward the $50,000 area over the next few weeks."

Bennett cites two key levels which, if reached, could launch BTC back above $50,000.

“We need to see a daily close above $39,600. Also a daily close above $46,000 area.

That will expose this area between $50,000 and $53,000. This has been a key level on the chart for the past few months.”

Learn more about your ad choices. Visit megaphone.fm/adchoices