Bitcoin (CRYPTO: BTC) will likely break below $60,000 in the coming weeks despite a false sense of security that prices will simply range between $60,000-$70,000 for the rest of the year, according to crypto analyst Benjamin Cowen’s historical pattern analysis. The Midterm Year Pattern Cowen points to a consistent pattern across midterm years: Bitcoin finds a low in February, rallies to a lower high in March, then drops into April.
Source: Read the original article
