Bitcoin Headed for Q3 Correction, According to Crypto Analyst Benjamin Cowen – Here’s Why
A widely followed crypto analyst is warning traders that historical precedent suggests a challenging few months ahead for digital assets.
In a new interview with David Lin, crypto analyst Benjamin Cowen says there is reason to expect that the third quarter of this year could be bearish for crypto.
“So, kind of going into this year, I thought January 20th would mark a high – at least a local high – and my view was basically that if the 2024 high held as support during the pullback, then Bitcoin could go to all-time highs again. And we held at like $70K. We went to like $74K. The high from 2024 was like $73.8K. So, we have gone to new all-time highs.
We have not seen total market cap follow that, though. Total market cap…