Bitcoin (CRYPTO: BTC) could still see another sell-off event as it approaches a fresh bear market low, according to cryptocurrency analyst and popular YouTuber Benjamin Cowan.
What Happened: Cowan, who has 770,000 YouTube subscribers, suggested that BTC may capitulate if its one-year return on investment continues to drop. The cryptocurrency analyst predicts that BTC may be headed for a capitulation event if it enters the price range between $13,000 to $14,000.
