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The Daily Hodl
2023-02-20 23:01:31

Analyst Benjamin Cowen Outlines 2023 Bitcoin Forecast Using Key On-Chain Indicator

Analyst Benjamin Cowen Outlines 2023 Bitcoin Forecast Using Key On-Chain Indicator

Popular crypto analyst Benjamin Cowen says that one benchmark on-chain indicator suggests that Bitcoin (BTC) is set for range-bound price action for the better part of this year. In a new strategy session, Cowen takes a look at the MVRV Z-score indicator, which compares an asset’s realized value to its market value. The MVRV Z-score The post Analyst Benjamin Cowen Outlines 2023 Bitcoin Forecast Using Key On-Chain Indicator appeared first on The Daily Hodl .

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