Bitcoin Poised for Potential Counter-Trend Rally, Analyst Suggests
- Bitcoin could see a massive counter-trend rally, according to analyst Benjamin Cowen.
- Cowen predicts a test of Bitcoin’s 2024 highs near $72,000 before a potential surge.
- Immediate support for Bitcoin is identified near March 2024 highs.
- A previous resistance line at approximately $60,000 may also be tested.
- Bitcoin is currently trading at $75,366, down nearly 8% in the last 24 hours.
Crypto strategist Benjamin Cowen suggests that Bitcoin might experience a significant rally after testing its previous resistance levels and reaching its projected highs near $72,000. At present, Bitcoin is valued at $75,366.
Source (2.6)https://dailyhodl.com/2025/04/07/massive-counter-trend-rally-could-be-coming-for-bitcoin-btc-according-to-benjamin-cowen-heres-when/?rand=59076