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Renowned Analyst Points to This Level as a Sign of a Bitcoin Downturn

Renowned Analyst Points to This Level as a Sign of a Bitcoin Downturn

Photo: Bitcoin Sistemi

Crypto analyst Benjamin Cowen assessed the current outlook for Bitcoin (BTC) price and warned investors about a key support zone. Cowen suggested that if Bitcoin continues to stay below the $83,000 level, the price could fall to the mid-$70,000s. In his latest analysis published on his YouTube channel, Cowen drew attention to Bitcoin's bull market support band, noting that a significant portion of other major financial assets have tested this region, but Bitcoin has not yet experienced a similar correction.

Source: Bitcoin Sistemi

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