A widely followed crypto analyst and trader says Bitcoin (BTC) is officially in a bear market.
With BTC currently trading for $87,138, down 4% in the last month, crypto trader Benjamin Cowen tells his 970,000 YouTube subscribers that BTC is likely to fall further in 2026.
“What I think makes the most amount of sense is for Bitcoin to drop into the in sort of like early 2026, rally back up to the bull market support band and then back down to the 200 week moving average and then consolidate there. Maybe you go a little bit lower in October because a lot of the bare markets do last about a year and then hopefully we can get back on track. That’s what I think
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