Bitcoin Mid-Cycle Top? Benjamin Cowen Says One Indicator Suggesting BTC Headed for Downtrend

Popular crypto analyst Benjamin Cowen says that one indicator suggests Bitcoin (BTC) may be entering a downtrend. In a new strategy session, Cowen tells his 789,000 YouTube subscribers that the extension from the 20-week simple moving average (SMA) is flashing bearishness for Bitcoin. According to Cowen, the indicator shows Bitcoin may have reached a mid-cycle […] source: https://dailyhodl.com/2024/01/24/bitcoin-mid-cycle-top-benjamin-cowen-says-one-indicator-suggesting-btc-headed-for-downtrend/