Crypto Analyst Benjamin Cowen Warns Bitcoin Could Fall To $23K, Warns Altcoins May 'Struggle For Rest Of The Year'
Portfolio Pulse from Mehab Qureshi
Crypto analyst Benjamin Cowen predicts that Bitcoin (BTC) could fall to $23,000 and warns that altcoins may struggle for the rest of the year. He bases his prediction on Bitcoin's prolonged presence in the lower range of its price action and the struggles faced by the cryptocurrency market, particularly the altcoin segment. At the time of writing, BTC was trading at $26,617, down 1.56% in the last 24 hours.
September 22, 2023 | 12:42 pm
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Bitcoin's price could fall to $23,000 according to analyst Benjamin Cowen. He also warns that altcoins may struggle for the rest of the year.
The prediction is based on Bitcoin's prolonged presence in the lower range of its price action and the struggles faced by the cryptocurrency market, particularly the altcoin segment. If this prediction holds true, it could lead to a decrease in Bitcoin's price.
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