Bitcoin Could Hit $140K in the Near-Term, Analyst Says

Bitcoin can hit $140k in the near-term, an analyst said Inflation or rising unemployment could trigger a sooner-than-expected selloff Investors should manage risk instead of predicting the market Bitcoin could hit $140,000 in the next few months, some analysts are saying. However, there are challenges and uncertainties along the way, that could throw a wrench in the works and complicate things. Let’s dig deeper into bitcoin’s price analysis and see what might happen in the near-term. Cowen Analyzes the Market Earlier today, a prominent crypto analyst, Benjamin Cowen, released a new in-depth video analysis of bitcoin’s price chart, and discussed potential movements. Cowen runs a popular channel called “Into The Cryptoverse”, where he shares in-depth market analysis, price predictions, and strategies related to cryptocurrencies. In his new video, titled Bitcoin: Post-Halving Year , Cowen dissected bitcoin’s performance in previous post-halving years to try and predict future trends. The years 2014 and 2018 served as key examples for understanding potential outcomes, he said, adding that post-halving years often exhibit volatility and mixed res… The post Bitcoin Could Hit $140K in the Near-Term, Analyst Says appeared first on Coin Edition .