Widely followed crypto analyst Benjamin Cowen is updating his 2013 outlook for Bitcoin (BTC), warning both bears and bulls are likely to get wrecked.
In a new strategy session, Cowen tells his 784,000 YouTube subscribers that he believes the price of Bitcoin is going to chop around for the rest of the year after the bearish market of 2022, just like it did in 2015 and 2019 after mostly bearish years.
“I think this year is going to chop up both sides of market participants, both the bulls and the bears. It’s my general expectation for the year.
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And I think some people want it to be a lot more complicated than that and say it’s going to either be down only or up
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