Crypto Prices Hit 12-Year Lows, Analyst Says Buy Zone Has Arrived

Benjamin Cowen, a well-known crypto analyst, recently stated that cryptocurrency has not been as cheap since 2010. According to him, the current market prices are low enough for investors to buy in bulk and accumulate wealth over time.

Cowen emphasized that the price of cryptocurrencies might drop lower before recovering. This is due to the ongoing economic downturn and the uncertainty surrounding the global financial system.

Despite the potential for further price drops, Cowen believes that cryptocurrency has reached a 'buy zone' where investors can accumulate wealth without significant risk.