Bitcoin's Key Level Is $96,500, Analyst Warns, But Here's What Could Trigger A Breakdown

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Bitcoin's Key Level Is $96,500, Analyst Warns, But Here's What Could Trigger A Breakdown

benzinga.com/markets/cryptocurrency/25/05/45192498/bitcoins-key-level-is-96500-analyst-warns-but-heres-what-could-trigger-a-breakdown

Bitcoin's (CRYPTO: BTC) rally following its recent death cross has sparked a debate over whether it marks the start of a true breakout or another 2019-style bull trap.
What Happened: In a podcast on May 4, cryptocurrency analyst Cowen warned that Bitcoin’s current pattern closely…

This story appeared on benzinga.com, 2025-05-05 12:42:20.