Bitcoin Analyst Admits His Rate-Hike Thesis 'Was Not Rooted in the Data'
Crypto analyst Benjamin Cowen admitted Wednesday that his bearish rate-hike thesis on Bitcoin (CRYPTO: BTC) missed the mark, conceding the data never actually supported it. Where Cowen’s Thesis Broke Down Cowen said on his YouTube channel that his original chain of logic seemed airtight. Rising energy prices would push