🚨 Benjamin Cowen raises the warning level: Could we see Bitcoin at $58,000?
This time, it’s not just a red candle on the chart! 👀
Renowned analyst Benjamin Cowen believes Bitcoin could face another downward wave, especially if the Nasdaq continues to fall and returns to its summer lows.
📉 Cowen’s key points:
🔻 $58,000: A possible scenario for Bitcoin if the Nasdaq’s decline extends to its previous lows.
🔻 Weakness in U.S. stocks could also put pressure on the crypto market.
🔻 Cowen points to the experience of 2018, when markets fell after the U.S. midterm elections.
🧠 But there’s another important angle:
In his analysis of the Bitcoin cycle, Cowen believes the market is approaching the time window in which previous cycles formed their bottoms.
🎯 The takeaway: We’re entering a phase that calls for patience and discipline—not chasing every green bounce.
The $58,000 zone could be an opportunity for those with a plan and liquidity, and a tough test for those who invested all their capital.
🔥 $ETH Faces a New Test... Can Buyers Regain Control?
Ethereum remains one of the most important cryptocurrencies in the market, but the current price action says enthusiasm needs confirmation from the numbers, not wishful thinking! 👀
📊 ETH/USDT
Reference price: around $2,250
🟢 Entry and monitoring:
- $2,220 – $2,250 - $2,157 is an important support zone.
🔴 Selling and resistance zones:
- $2,386 - $2,424 - $2,465
🚀 A breakout above $2,465 and holding there could open the door to a new rally.
⚠️ But a break below $2,157 could bring selling pressure back with force.
🧠 The question: Is Ethereum gearing up for a strong comeback, or do buyers need to be more patient?
🔥🚀 NEAR... the coin that may give patient holders the moment of triumph they’ve been waiting for!
$NEAR 🔥🚀 NEAR... the coin that may give patient holders the moment of triumph they’ve been waiting for! Imagine how it feels to watch a coin for weeks, seeing it decline while others lose hope... then suddenly it starts regaining its strength! 🤩 That moment when red turns to green, and traders start reconsidering their hasty sell decisions!