Cowen Sees A Possible Bitcoin Low Around November 15

24m ago•

Cointribune

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The scene illustrates Benjamin Cowen's pessimistic forecasts, predicting a new low for Bitcoin in November. In the foreground, the analyst appears focused and concerned, watching a gigantic Bitcoin coin tip into a financial abyss. The descending red arrow and bearish charts symbolize the risk of a new market correction. On the right, the calendar showing 11 and autumn leaves evoke the month of November, the timeframe targeted by this prediction. The orange and black colors heighten the dramatic tension. Overall, it underscores the uncertainty surrounding Bitcoin, without presenting this anticipated decline as a certainty.

Benjamin Cowen observes that several bitcoin rebounds have lost momentum around the 21st of each month since August. The analyst now envisions a new low in mid-November, but this pattern is based on few observations and does not constitute a statistical rule.

L’article Cowen Sees A Possible Bitcoin Low Around November 15 est apparu en premier sur Cointribune.

24m ago•

Cointribune

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