Popular crypto analyst has just released a serious Bitcoin price warning.
Benjamin Cowen, in a recent strategy session on YouTube, tells 969 000 subscribers that it is most likely the bull market for BTC has ended.
It’s at this time that apathy begins to take hold. It’s hard to believe that more and more people are accepting the concept of a “bear market” because midterm elections tend to also be bear markets.
“I think that going in, I’m just thinking about the fact that, if it takes a normal year, then why should we expect something different before October 2026?”
Cowen believes there are some signs that the downturn could end sooner than October.
He says that investors must realize timing is crucial and that crypto assets are subject to crashes.
Remember that the real money in bear markets is made over the long-term. People who purchased in 2022 made the real money this cycle.
The people who YOLOed into the market at $70,000 were not those that got in. The people who got in for $15,000 were the ones that made the most money.
This is not the first time we’ve experienced a bear market. We have to accept that it won’t likely be the last time we experience a bear market. “Trade the market in which you are, and not the one you desire.”
Cowen’s price target is $60,000-$70,000 by summer, according to his analysis of the 200-week Simple moving average.
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The post Benjamin Cowen, Analyst: Predicting Bitcoin Crash and Crypto Crash Reveals New BTC price Target could be updated as new information becomes available.
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