16 hours ago

Bitcoin's Next Big Move To Be Decided By Election Result And Labor Market Report, Says Benjamin Cowen

Into The Cryptoverse founder Benjamin Cowen sees Bitcoin (CRYPTO: BTC) near-term trend depending on the upcoming labour market report and election results.

What Happened: The analyst highlighted in a social media post on Tuesday that while short-term predictions are challenging, market momentum may start to wane as we approach the release of the November labor market report and election results.

He further added that the market would likely find its next real direction after these significant events.

Cowen pointed out that Bitcoin has often rallied up to the lower ...

Full story available on Benzinga.com

Read Entire Article

© NewsMage 2024. All rights are reserved