Bitcoin (CRYPTO: BTC) is down 8% on the week, with historical cycle analysis suggesting further downside ahead, according to crypto analyst Benjamin Cowen.
Cycle Timing Driving Bitcoin Weakness
Bitcoin has weakened not because its long-term thesis is broken, but due to cycle timing, tightening liquidity and repeating historical patterns, Cowen said in his latest podcast.
Cowen said the current downturn is unfolding almost exactly when Bitcoin has rolled over in prior cycles.
He believes the cycle peaked in October 2025 at day 1,462, a point that sits roughly between the lengths of the previous two Bitcoin cycles.
He noted that every major Bitcoin bear market has begun in Q4 of the post-halving year: 2013, 2017, 2021 and now …Full story available on Benzinga.com
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