Crypto Analyst Warns the Bitcoin Bottom May Not Be In Yet, Eyes $58K
Photo: Crypto Daily
Ben Cowen, the crypto analyst known for his market cycle work, says the Bitcoin bottom may not be in yet. The call lands as Bitcoin tests a long-term trend line after a month of steady losses. Its close ties to tech stocks keep equities in focus. Traders want to know whether buyers will defend this zone or a stock sell-off will drag crypto lower. Cowen did not attach a fixed time frame to the call. He framed it as a scenario that depends on US stock markets. His condition is a fall in the Nasdaq.
Source: Crypto Daily
