Here’s What Could Signal a Bitcoin (BTC) Turnaround Next Year, According to Analyst Benjamin Cowen Popular crypto analyst Benjamin Cowen says that Bitcoin (BTC) holders should be on the lookout for one signal that could mark the end of the king crypto’s extended bear market. In a new video, Cowen tells his 779,000 YouTube subscribers that Bitcoin’s current percentage drawdown from its all-time high is approaching a level that signalled the bottom of the 2018 and 2014 bear markets. “Bitcoin is sort of in this range of being 75% down from the all-time high, so it’s sort of like in between. It’s not at the levels that it was at in this past summer, but it’s also not as far down as it historically goes either… If the months pass us by and you see the percentage drawdown from all-time high for Bitcoin really start to match what you’ve seen in prior bear markets, it would be at least a sign that things could finally start to be turning.” Full Article: <a rel="noreferrer nofollow noopener" href="https://dailyhodl.com/2022/12/26/heres-what-could-signal-a-bitcoin-btc-turnaround-next-year-according-to-analyst-benjamin-cowen/" target="_blank">https://dailyhodl.com/2022/12/26/heres-what-could-signal-a-bitcoin-btc-turnaround-next-year-according-to-analyst-benjamin-cowen/</a>