Bitcoin Is in the “Upside Down”: Benjamin Cowen Warns of Q4 Drop If Loses $83K

The post Bitcoin Is in the “Upside Down”: Benjamin Cowen Warns of Q4 Drop If Loses $83K appeared first on Coinpedia Fintech News

Crypto analyst Benjamin Cowen has called Bitcoin’s current market structure “The Upside Down,” borrowing the term from Stranger Things. Despite rising Treasury yields, higher energy prices and a stronger dollar, Bitcoin has jumped to an eight-month high near $87,000. Cowen now says the weekly close and $83,000 level could determine whether the breakout continues or …