Leading cryptocurrency bitcoin As we start 2022 with a dizzying crash, analyst Benjamin Cowen has made a new prediction for Bitcoin. According to Cowen, $30,000 could be the bottom for Bitcoin.
Addressing his nearly 700.00 followers on YouTube, Cowen identified this level as the potential floor price as the flagship cryptocurrency fell by over 50 percent. Continuing his speech with the following words, Cowen refrained from speaking definitively:
Frankly, $30,000 is a big deal. I don’t mean to say it’s an absolute ground because if you do and it goes below that then you have to make a new ground.
said.
Stating that there are certain possibilities for holding various levels, however, Cowen said, “The lower it goes, the higher the probability of holding this price.” said.
On the other hand, Cowen stated that falling below $ 30,000 for the Bitcoin price is among the possible scenarios because this picture has been witnessed before, and he did not hesitate to add that Bitcoin will be around $ 20,000 with “a complete worst-case scenario”.
*Not Investment Advice.