Renowned cryptocurrency analyst Benjamin Cowen provided an in-depth analysis of Bitcoin’s (BTC) current position and its potential for future growth. Cowen focused on Bitcoin’s critical price level and highlighted the importance of breaking through the 20-week Simple Moving Average (SMA) as a key indicator for a potential major rally.
Drawing Parallels with 2013 and 2021
Cowen pointed to the 20-week SMA as a crucial threshold for Bitcoin.·
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