Ben Cowen: Bitcoin’s lowest probability is only 25%, a potential 70% decline is consistent with historical patterns, and the $60,000 level is important for market valuation.
Key Takeaways The probability of Bitcoin reaching bottom in the current cycle is low, around 25%. Bear markets often have upswings rather than downswings, complicating market navigation. If Bitcoin falls into the 30,000-50,000 range, it…
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