Strategist Benjamin Cowen, known in the crypto market, Bitcoin $84,933.38He shared his predictions that he could contain different course in the near future. Reaching approximately 987,300 followers through social media, Cowen said that Bitcoin could enter a trendy rally in the following months during the current correction process.
Price levels and expectations
Cowen pointed out that Bitcoin’s critical price level should be closely monitored. According to the analyst, if Bitcoin is less than $ 70,000, it is stated that the peak level of the future rally may be lower. On the other hand, it is suggested that new and higher peaks may be possible if it remains over $ 70,000.
Market Dynamics
In the analysis, a significant decrease in the first quarter of 2025 for Bitcoin is expected, while the second and third quarters may be experienced in the opposite trend rally. According to Cowen’s predictions, most alternative crypto currencies have lost value against Bitcoin in this process, while a decrease in the fourth quarter of the year is expected. Thus, in 2026, the possibility of economic contraction is pointed out.
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Data on which predictions are based
Cowen had previously predicted that Bitcoin would pause over $ 100,000 rally, close to Trump’s re -starting date. This prediction was based on the impression that a fund traded on the Nasdaq stock exchange was similar to the performance. The analyst showed the market that reached the local summit in the 13th month from the launch of Spot Bitcoin funds.
Benjamin Cowen: “Basically, if the BTC falls below $ 70,000, a low peak occurs in the future rally; If a performance is observed over $ 70,000, it is possible to reach a higher peak by continuing the rise. ”
Bitcoin is traded at approximately $ 86,380 at the time of writing. Cowen’s evaluations emphasize that investors should decide carefully by watching market risks and opportunities.
In line with the analyst’s predictions, it is observed that there may be uncertainties in the future of the market. Critical movements at the price levels are among the factors that investors should follow carefully. These explanations will contribute to the decision processes of new investments and existing investors.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
