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When Will Bitcoin Price Bottom Out? Benjamin Cowen Predicts

BeInCrypto
Benjamin Cowen predicts Bitcoin's bottom around October 2026, based on historical cycle consistency and current market conditions.

Summary

Benjamin Cowen, CEO of Into The Cryptoverse, predicts that Bitcoin's price bottom will likely occur around October 2026, approximately a year after its cycle top. This prediction is based on the remarkable consistency of Bitcoin's historical cycles, where previous cycles have peaked and bottomed out at similar intervals. Cowen notes that the current cycle's peak occurred under conditions of apathy rather than euphoria, a pattern also seen in 2019, which differs from the euphoric peaks of 2017 and 2021 that led to altcoin rotations. While acknowledging a possibility of an earlier bottom in May under extreme capitulation, Cowen maintains that as long as Bitcoin's year-to-date returns stay within the standard deviation band of prior midterm years, the October 2026 thesis remains the base case. Other analysts, like Joao Wedson and CryptoQuant, also project a market bottom in late 2026, specifically between September and December, supporting Cowen's outlook.

(Source:BeInCrypto)