Crypto analyst Benjamin Cowen says Bitcoin could surge as high as $200,000 in an ideal bull market scenario โ but only if it follows a "right-translated" cycle.
๐ In a recent interview, Cowen explained:
โA 10x move from the bottom is realistic in a right-translated cycle. That puts BTC at $150K. In a perfect world, we could even hit $200K. But I donโt see $300K happening this cycle.โ
๐ Still, he warns that Bitcoin must hold $72K as key weekly support to maintain bullish momentum:
โIf we defend $72K, Iโll stay optimistic. But Iโm concerned we might not hold it during a pullback.โ
๐ At the time of writing, BTC is trading at $85,230.
Whatโs your call โ are we heading toward six-figure BTC, or is this just another hopium-fueled dream?
Drop your prediction below ๐