Bitcoin Price Cycle Debate Grows as Cowen Warns Bottom Is Not In

TLDR Benjamin Cowen said Bitcoin is still following its historical four-year cycle. Cowen argued that Bitcoin has not reached its final market bottom yet. Bitcoin’s rebound to $82,800 stalled near the 200-day simple moving average. Cowen compared the latest rejection with similar patterns seen in 2018 and 2022. Analyst Sykodelic expects Bitcoin to rally above [...]

The post Bitcoin Price Cycle Debate Grows as Cowen Warns Bottom Is Not In appeared first on Blockonomi.