Here’s When We Can Get Optimistic About Crypto Markets Again, According to Analyst Benjamin Cowen

Sponsored
Sponsored
Widely followed crypto analyst Benjamin Cowen says now likely isn’t the time to be expecting a full-blown bull market for Bitcoin (BTC) and crypto. In a new strategy session, Cowen tells his 785,000 YouTube subscribers that Bitcoin could be at risk of another “summer lull.” Cowen points out that April of 2021 and 2022 both marked local tops and the beginning of multi-month downtrends for BTC. According to the analyst, if the pattern continues, it would fit his thesis that BTC won’t fully exit its bear market until late this year or early next year. “I would generally argue that
Sponsored

Go to Source
Author: NixCoin

Sponsored
kryptonew

Share
Published by
kryptonew

Recent Posts

IREN Stock Climbs Ahead of Earnings as AI Cloud Business Expands

Key Highlights IREN shares rose 5.73% to $42.09 ahead of the company’s August 27 earnings…

3 hours ago

Ripple’s RLUSD Tops $2B as Stablecoin Supply Nears $1B on XRPL

Key Highlights RLUSD crossed $2 billion in market capitalization, according to Ripple’s August 25 statement…

3 hours ago

Japan Weighs Blockchain-Based Settlement for Stocks, Government Bonds

Key Highlights Japan plans to study a blockchain-based payment infrastructure capable of settling stock and…

3 hours ago

Bitwise Debuts Automated Portfolios With Coinbase Tokenized Stocks

Key Highlights Bitwise launched Automated Token Portfolios for eligible non-U.S. investors to hold tokenized U.S.…

3 hours ago

Onafriq Integrates Circle’s USDC Across 40+ African Markets

Key Highlights Onafriq is integrating Circle’s USDC and Circle Mint into its cross-border payments network…

3 hours ago

American Bitcoin (ABTC) Gains 6% as Crypto Market Rebound Lifts Shares

Key Highlights American Bitcoin Corp. (ABTC) shares rose 6.43% to $8.44 during the August 24…

1 day ago

This website uses cookies.

Read More