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Popular crypto analyst Benjamin Cowen says three metrics indicate Bitcoin could see a price bounce in June.
In a new strategy session, Cowen tells his 746,000 YouTube subscribers the first metric pointing to a BTC rally is a correcting US dollar currency index.
“We know that the US dollar currency index, when it’s moving higher in a parabolic rally, we know Bitcoin goes down. We’ve seen this many times in the past. And furthermore, if we just simply pull it up, you can see that over the last several months, the dollar has been in a parabolic rally.”
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