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Coinpedia 2024-08-20 08:51:55

Bitcoin Not in ‘Mania Phase’: Benjamin Cowen Says Price May Drop to $38k Levels; Cooling and Recovery Periods Revealed

Bitcoin Not in ‘Mania Phase’: Benjamin Cowen Says Price May Drop to $38k Levels; Cooling and Recovery Periods Revealed

The post Bitcoin Not in ‘Mania Phase’: Benjamin Cowen Says Price May Drop to $38k Levels; Cooling and Recovery Periods Revealed appeared first on Coinpedia Fintech News Popular analyst and Founder of Into The Cryptoverse, Benjamin Cowen, joined David Lin for a discussion about Bitcoin and its currency cycle. Cowen believes Bitcoin dominance might peak when the Fed cuts rates and shifts from quantitative tightening to easing. Historically, Bitcoin’s current behavior mirrors what happened in 2019, where it diverged from the NASDAQ …

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