Cowen: Second Bitcoin Weekly Close Below $83K Would Confirm Fake Breakout
- —Cowen said a second weekly close below $83,000 would confirm the fake breakout
- —He sees next week's Fed meeting as the trigger for a crash scenario
- —Cowen described a split market where MACD diverges from other indicators
Why it matters: A warning from a widely followed analyst could keep traders cautious heading into the Fed decision.
Source: Coinotag