Bitcoin Price Could Dip Before Next Rally, Expert Says, Highlighting Levels To Watch Out

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Benzinga

Cryptocurrency expert Benjamin Cowen suggests that Bitcoin (CRYPTO: BTC) may encounter one more dip before it embarks on its next significant bull market. Cowen’s forecast, which he shared on his YouTube channel over the weekend, hinges on the timing of this potential low, which could lead to a double bottom, a lower low, or a higher low, depending on when it materializes. Cowen explained, “If it occurs by February 2024 or if it doesn’t occur until February 2024, then it could correspond to a double bottom. If it occurs before, then it could correspond to a lower low. If it occurs after that, …

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