\n

See Related:<\/em><\/strong> Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n

\"Benjamin
Benjamin Cowen Illustrating The Bitcoin Percentage Of Supply In Profit And Loss Metric Source: YouTube\/Kitco News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoins Bottom Is Likely In, Crypto Analyst Benjamin Cowen","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoins-bottom-is-likely-in-crypto-analyst-benjamin-cowen","to_ping":"","pinged":"","post_modified":"2023-04-11 00:07:43","post_modified_gmt":"2023-04-10 14:07:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7107","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • Cowen added that they have recently just crossed each other and how the bottom typically occurs after they cross. \"When it comes up here, that\u2019s generally the time where you want to scale out when we\u2019re continuing to push those new all-time highs so to me this is an indicator that would suggest that if we did get another leg down there\u2019s a lot of evidence that could be the major bottom,\" he added.<\/li><\/ul>\n\n\n\n

    See Related:<\/em><\/strong> Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n

    \"Benjamin
    Benjamin Cowen Illustrating The Bitcoin Percentage Of Supply In Profit And Loss Metric Source: YouTube\/Kitco News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoins Bottom Is Likely In, Crypto Analyst Benjamin Cowen","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoins-bottom-is-likely-in-crypto-analyst-benjamin-cowen","to_ping":"","pinged":"","post_modified":"2023-04-11 00:07:43","post_modified_gmt":"2023-04-10 14:07:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7107","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
    • The indicator Cowen used is the Bitcoin Percentage Of Supply In Profit And Loss<\/a>. This indicates how many Bitcoins are at a profit or loss for their holders. Looking at the chart from a widened perspective Cowen shows how this metric has accompanied tops and bottoms over the long term.<\/li><\/ul>\n\n\n\n
      • Cowen added that they have recently just crossed each other and how the bottom typically occurs after they cross. \"When it comes up here, that\u2019s generally the time where you want to scale out when we\u2019re continuing to push those new all-time highs so to me this is an indicator that would suggest that if we did get another leg down there\u2019s a lot of evidence that could be the major bottom,\" he added.<\/li><\/ul>\n\n\n\n

        See Related:<\/em><\/strong> Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n

        \"Benjamin
        Benjamin Cowen Illustrating The Bitcoin Percentage Of Supply In Profit And Loss Metric Source: YouTube\/Kitco News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoins Bottom Is Likely In, Crypto Analyst Benjamin Cowen","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoins-bottom-is-likely-in-crypto-analyst-benjamin-cowen","to_ping":"","pinged":"","post_modified":"2023-04-11 00:07:43","post_modified_gmt":"2023-04-10 14:07:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7107","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

        Most Read

        Subscribe To Our Newsletter

        By subscribing, you agree with our privacy and terms.

        Follow The Distributed

        ADVERTISEMENT
        \n
        • Cowen was recently featured<\/a> on Kitco News where he discussed his use of the metric. \"One of the interesting things about this chart is that historically, Bitcoin does not bottom until after they cross,\" he stated.<\/li><\/ul>\n\n\n\n
          • The indicator Cowen used is the Bitcoin Percentage Of Supply In Profit And Loss<\/a>. This indicates how many Bitcoins are at a profit or loss for their holders. Looking at the chart from a widened perspective Cowen shows how this metric has accompanied tops and bottoms over the long term.<\/li><\/ul>\n\n\n\n
            • Cowen added that they have recently just crossed each other and how the bottom typically occurs after they cross. \"When it comes up here, that\u2019s generally the time where you want to scale out when we\u2019re continuing to push those new all-time highs so to me this is an indicator that would suggest that if we did get another leg down there\u2019s a lot of evidence that could be the major bottom,\" he added.<\/li><\/ul>\n\n\n\n

              See Related:<\/em><\/strong> Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n

              \"Benjamin
              Benjamin Cowen Illustrating The Bitcoin Percentage Of Supply In Profit And Loss Metric Source: YouTube\/Kitco News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoins Bottom Is Likely In, Crypto Analyst Benjamin Cowen","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoins-bottom-is-likely-in-crypto-analyst-benjamin-cowen","to_ping":"","pinged":"","post_modified":"2023-04-11 00:07:43","post_modified_gmt":"2023-04-10 14:07:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7107","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

              Most Read

              Subscribe To Our Newsletter

              By subscribing, you agree with our privacy and terms.

              Follow The Distributed

              ADVERTISEMENT
              \n

              Benjamin Cowen<\/a> is a well-regarded crypto analyst, using a historically accurate indicator he has found it likely that Bitcoin has hit its bottom or is very close to doing so.<\/p>\n\n\n\n

              • Cowen was recently featured<\/a> on Kitco News where he discussed his use of the metric. \"One of the interesting things about this chart is that historically, Bitcoin does not bottom until after they cross,\" he stated.<\/li><\/ul>\n\n\n\n
                • The indicator Cowen used is the Bitcoin Percentage Of Supply In Profit And Loss<\/a>. This indicates how many Bitcoins are at a profit or loss for their holders. Looking at the chart from a widened perspective Cowen shows how this metric has accompanied tops and bottoms over the long term.<\/li><\/ul>\n\n\n\n
                  • Cowen added that they have recently just crossed each other and how the bottom typically occurs after they cross. \"When it comes up here, that\u2019s generally the time where you want to scale out when we\u2019re continuing to push those new all-time highs so to me this is an indicator that would suggest that if we did get another leg down there\u2019s a lot of evidence that could be the major bottom,\" he added.<\/li><\/ul>\n\n\n\n

                    See Related:<\/em><\/strong> Bullish On Bitcoin, It\u2019s Trading At A Discount \u2013 Bloomberg Intelligence<\/a><\/p>\n\n\n\n

                    \"Benjamin
                    Benjamin Cowen Illustrating The Bitcoin Percentage Of Supply In Profit And Loss Metric Source: YouTube\/Kitco News<\/em><\/figcaption><\/figure>\n","post_title":"Bitcoins Bottom Is Likely In, Crypto Analyst Benjamin Cowen","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoins-bottom-is-likely-in-crypto-analyst-benjamin-cowen","to_ping":"","pinged":"","post_modified":"2023-04-11 00:07:43","post_modified_gmt":"2023-04-10 14:07:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=7107","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

                    Most Read

                    Subscribe To Our Newsletter

                    By subscribing, you agree with our privacy and terms.

                    Follow The Distributed

                    ADVERTISEMENT

                    Benjamin Cowen

                    Most Read

                    Subscribe To Our Newsletter

                    By subscribing, you agree with our privacy and terms.

                    Follow The Distributed

                    ADVERTISEMENT