Cowen: Bitcoin’s cycle points to a Q4 low, with two paths to get there
BCBenjamin CowenYouTube channel
AI · systemfrom the 26:26 video
Benjamin Cowen argues Bitcoin’s decline fits earlier midterm-year cycles, rather than being explained solely by the exchange hack. He focuses on weekly closes below 83K and the bull-market support band. He outlines two possibilities: a fast capitulation, or a bounce from the band followed by another decline. Cowen acknowledges that conventional technical signals look more bullish than his macro view. These are conditional comparisons, with no complete current trade proposal.
No callNo complete trade setup to measure