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    Home»Bitcoin»Huge Counter-Pattern Rally May Be Coming for Bitcoin (BTC), In keeping with Benjamin Cowen – Right here’s When – The Day by day Hodl
    Huge Counter-Pattern Rally May Be Coming for Bitcoin (BTC), In keeping with Benjamin Cowen – Right here’s When – The Day by day Hodl
    Bitcoin

    Huge Counter-Pattern Rally May Be Coming for Bitcoin (BTC), In keeping with Benjamin Cowen – Right here’s When – The Day by day Hodl

    By Crypto EditorApril 7, 2025No Comments2 Mins Read
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    A extensively adopted analyst says that Bitcoin (BTC) may get away of its stoop with a large counter-trend rally.

    In a brand new video replace, crypto strategist Benjamin Cowen tells his 890,000 YouTube subscribers that based mostly on historic developments, an enormous take a look at is coming for the highest crypto asset by market cap, one that might see it skyrocket after it dips to its 2024 highs close to the $72,000 degree.

    In keeping with Cowen, BTC has instant help close to the March 2024 highs, however can also faucet a earlier downward resistance line at the moment at round $60,000.

    “I’m nonetheless pondering that there’s a great likelihood that Bitcoin will retest the 2024 excessive, and if it exams that development line, form of the decrease excessive development line, it will most likely be a great short-term commerce.

    If it had been to check that development line all the best way down, [it] could be a extremely good short-term commerce by Bitcoin. You most likely get a large counter-trend rally off of that degree, however I wouldn’t essentially be that optimistic for the rest of the cycle if it had been to actually play out like that.”

    Huge Counter-Pattern Rally May Be Coming for Bitcoin (BTC), In keeping with Benjamin Cowen – Right here’s When – The Day by day Hodl
    Supply: Benjamin Cowen/YouTube

    At time of writing, Bitcoin is buying and selling at $75,366, down almost 8% within the final 24 hours.

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    Michael Saylor’s Technique Publicizes $979,700,000 Inventory Providing in a Bid to Purchase Extra Bitcoin (BTC) – The Day by day Hodl

    Disclaimer: Opinions expressed at The Day by day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any losses you could incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in affiliate marketing online.

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