Bitcoin could cop a 70% drawdown next bear market: Crypto analyst
Into The Cryptoverse founder Benjamin Cowen said such a steep drawdown isn’t guaranteed, but “history would at least caution us.”
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Into The Cryptoverse founder Benjamin Cowen said such a steep drawdown isn’t guaranteed, but “history would at least caution us.”
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress
Bitcoin Magazine TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress Banks will try again to...
Kraken’s Dave Ripley: “That Was the Bear Market” and Bitcoin Is “On Our Way Out of It”
▶Bitcoin Magazine Kraken’s Dave Ripley: “That Was the Bear Market” and Bitcoin Is “On Our Way Out of It” Is the Bitcoin bear marke...
Bitcoin faces U.S. CPI test as analysts warn inflation relief may not be enough
Bitcoin trades below $75,000 ahead of the October inflation data. Analysts warning that sustainable recovery depends on improving...
Bitcoin CPI Preview: Three Tests for a Fragile Crypto Market
Bitcoin is approaching the October US inflation release with more to prove than whether it can bounce on a favourable number. Pric...
North Korea Turns DIY Meme Coins Into a Laundering Pipe for Stolen Binance Crypto, Elliptic Says
Crypto launderers working for North Korea are spinning up disposable meme coins of their own to shuttle funds taken from Binance,...
North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot
Bitcoin Magazine North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot North Korean launderers are creating their...