<ul><li>Analyst Justin Bennett warns of a potential drop in Bitcoin's price, pointing to a bearish flag pattern and resistance near $106,600.</li><li>Bennett suggests a downside target of $97,000–$98,000 while noting that a move above $106,600–$106,800 would invalidate the bearish setup.</li><li>Bitcoin's correlation with the stock market remains a wildcard, with broader equity market movements potentially impacting its trajectory according to Bennett.</li><li>Whale vs. Retail Delta indicator shows growing bearish pressure on Bitcoin, as large investors increase short exposure, adding weight to the bearish outlook.</li></ul>

Bitcoin Bear Flag? Analyst Justin Bennett Warns of Potential Drop to $97,000

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