标题：本杰明·考恩（Benjamin Cowen）说，如果比特币（BTC）牛周期降至此水平以下可能已经结束

加密货币分析师本杰明·科恩（Benjamin Cowen）表示，如果比特币（BTC）的牛周期进入一个关键水平，则可能会结束比特币的牛周期。

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.

加密分析师本杰明·考恩（Benjamin Cowen）表示，如果比特币降至一个关键水平以下，世界上领先的加密货币可能会终结其牛周期。

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.

在新视频中，Cowen告诉他的886,000个YouTube订户，比特币可能会从2017年重复类似的模式，当时它测试了上一年的高度。

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，他警告说，如果比特币低于2024低点约71,000美元并进入60,000美元的范围，则公牛周期可能已经结束。

“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年比特币在2017年初测试了2016年高点。顺便说一句，它发生了很早就发生了。我认为这是在这个周期中要考虑的结果，测试了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.”

“如果我们关闭，尤其是在低价$ 60,000的灯芯中，那么周期就会结束。如果它保持在2024高高的高度，那么聚会很容易继续。”

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.

他还说，如果比特币保持70,000美元的范围，牛周期可能会保持完整，而较低的任何东西可能会导致每周表中晚些时候较低高点的看跌价格模式。

“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.”

“如果它的支持超过$ 70,000，$ 73,000，那么市场结构就可以了。如果达到60,000美元，那么我认为结果可能是第2季度，第三季度的宏观较低，可能像八月的时间表一样。”