Bitcoin Likely To Print Smaller Gains Compared To Last Market Cycle, According to Analyst Benjamin Cowen

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A widely followed crypto analyst says that Bitcoin ( BTC ) is unlikely to print the same gains it did during the last market cycle. In a new strategy session, crypto trader Benjamin Cowen tells his 842,000 YouTube subscribers that the flagship crypto asset’s return on investment (ROI) will likely dip to levels below what it was two cycles ago. “Two cycles ago – so market cycle three – the ROI of Bitcoin at this point in the cycle was, about 5.55x. Right now this cycle, Bitcoin’s ROI as measured ...