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benjamin cowen - Analyst Benjamin Cowen Warns of Bitcoin Weakness Amid Price Recovery
Cryptocurrency analyst Benjamin Cowen has cautioned investors about potential weaknesses in Bitcoin's price trajectory, despite its recent recovery to $77,000. Cowen's analysis, which draws parallels with historical cycles from 2018 and 2022, suggests that Bitcoin may face a local peak by the end of April, followed by a decline in early May. He highlights the upcoming Federal Reserve meeting on April 29 as a significant risk factor.Cowen emphasizes the importance of monitoring stablecoin dominance, noting that USDT and USDC dominance at the 100-day moving average indicates a strong tendency for investors to shift from Bitcoin to cash. He predicts Bitcoin could retest the $60,000 level later this year, with May and June historically being periods of market weakness. Cowen advises caution, suggesting that a true market bottom will only be confirmed after repeated tests of resistance levels throughout the year.
This detailed match analysis covers key moments, player performances, and tactical insights.
?? Key Statistics
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Corners: 5 - 2
?? Player Ratings
- Home MVP: John Doe (9.2)
- Away MVP: James Smith (8.7)
??? Post-Match Analysis
The manager praised the team's resilience after coming from behind. "We showed great character," he said.
This win moves them to the top of the league table with 45 points.
Final whistle analysis: The tactical shift in the second half proved decisive.
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