Bitcoin Price Could Dip Before Next Rally, Expert Says, Highlighting Levels To Watch Out
Portfolio Pulse from Murtuza Merchant
Cryptocurrency expert Benjamin Cowen predicts that Bitcoin may experience another dip before its next significant bull market. The timing of this potential low could lead to a double bottom, a lower low, or a higher low. This prediction comes ahead of Benzinga's Future of Digital Assets conference. Major cryptocurrencies including Bitcoin, Ethereum, Shiba Inu, Dogecoin, Toncoin and Stellar are trading with minor losses.
September 10, 2023 | 4:14 pm
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Bitcoin may experience another dip before its next significant bull market, according to cryptocurrency expert Benjamin Cowen.
The prediction of a potential dip in Bitcoin's price before the next bull market could lead to short-term selling pressure.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Dogecoin is trading with minor losses.
The news of minor losses in Dogecoin's trading could lead to short-term selling pressure.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Ethereum is trading with minor losses.
The news of minor losses in Ethereum's trading could lead to short-term selling pressure.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Shiba Inu is trading with minor losses.
The news of minor losses in Shiba Inu's trading could lead to short-term selling pressure.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Stellar is trading with minor losses.
The news of minor losses in Stellar's trading could lead to short-term selling pressure.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50