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- 🎉 A Warm Welcome to Dr.Han on Gate Square!
Dr.Han — Founder of Gate and a seasoned crypto industry observer — is now officially sharing insights on Gate Square!
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(If shipping is unavailable in your region, a $50 Futures Voucher will be provided instead.)
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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event is Live!
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- 🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
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🎁 5 top Square creators * $100 Futures Voucher
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How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
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📅 July 3, 7:00 – July 9,
- #GateSquareGiveaway# - Spot the Differences 👀
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To join:
🔹Follow Gate_Square
🔹Like this post and drop your answer in the comments
📅 Ends at 16:00 PM, July 7 (UTC)
Bitcoin may see 200 thousand dollars: Famous analyst stated
Popular cryptocurrency analyst Benjamin Cowen stated that if Bitcoin exhibits a "right-leaning" formation in the current cycle, its price could reach the range of 120,000 to 150,000 dollars; in a perfect scenario, it could test 200,000 dollars.
Cowen stated the following in a YouTube interview:
"In a right-leaning cycle, it is possible for us to see an increase of approximately 10 times from the bottom. This would push BTC up to 150 thousand dollars. Under ideal conditions, we could witness a rally that goes up to 200 thousand dollars. However, I believe we will not see 300 thousand dollars in this cycle."
According to Cowen, for Bitcoin to reach new peaks, it is critically important to hold the 72 thousand dollars, which is the 2024 peak on the weekly chart, as support.
"Everything is possible. Especially if we can maintain the $72,000 level, I will be more optimistic in the later periods of the year. My current concern is whether we can hold this level against a possible pullback."
At the time the news was written, BTC is trading at 85 thousand 230 dollars.
Published: April 19, 2025 16:49