標題：本傑明·考恩（Benjamin Cowen）說，如果比特幣（BTC）牛週期降至此水平以下可能已經結束

加密貨幣分析師本傑明·科恩（Benjamin Cowen）表示，如果比特幣（BTC）的牛週期進入一個關鍵水平，則可能會結束比特幣的牛週期。

Crypto analyst Benjamin Cowen says the world’s leading cryptocurrency could see its bull cycle come to an end if Bitcoin drops below one key level.

加密分析師本傑明·考恩（Benjamin Cowen）表示，如果比特幣降至一個關鍵水平以下，世界上領先的加密貨幣可能會終結其牛週期。

In a new video, Cowen tells his 886,000 YouTube subscribers that Bitcoin may be repeating a similar pattern from 2017, when it tested the prior year high.

在新視頻中，Cowen告訴他的886,000個YouTube訂戶，比特幣可能會從2017年重複類似的模式，當時它測試了上一年的高度。

However, he warns that if Bitcoin drops below the 2024 low of about $71,000 and enters the $60,000 range, the bull cycle may be over.

但是，他警告說，如果比特幣低於2024低點約71,000美元並進入60,000美元的範圍，則公牛週期可能已經結束。

“In 2017 Bitcoin had a drop in early 2017 where it tested the 2016 high. And it happened, by the way, fairly early on. I would argue that’s very much an outcome to consider for this cycle, testing the 2024 high, which is in the lower $70,000s.”

“ 2017年比特幣在2017年初測試了2016年高點。順便說一句，它發生了很早就發生了。我認為這是在這個週期中要考慮的結果，測試了2024年高的$ 70,000。”

“If we get closes, and especially if there’s a wick in the low $60,000s, then there’s a good chance the cycle is over. If it stays above the 2024 high, then the party could easily go on.”

“如果我們關閉，尤其是在低價$ 60,000的燈芯中，那麼週期就會結束。如果它保持在2024高高的高度，那麼聚會很容易繼續。”

He also says that if Bitcoin maintains the $70,000 range, a bull cycle will probably remain intact, whereas anything lower may result in a bearish price pattern of lower highs later in the year on the weekly chart.

他還說，如果比特幣保持70,000美元的範圍，牛週期可能會保持完整，而較低的任何東西可能會導致每週表中晚些時候較低高點的看跌價格模式。

“If it holds support above $70,000, $73,000, [the] structure of the market is fine. If it goes into the $60,000s, then I would argue that the more likely outcome would be a macro lower high in Q2, Q3, potentially around like the August timeframe.”

“如果它的支持超過$ 70,000，$ 73,000，那麼市場結構就可以了。如果達到60,000美元，那麼我認為結果可能是第2季度，第三季度的宏觀較低，可能像八月的時間表一樣。”