Bitcoin's Next Cycle Bottom: Benjamin Cowen Predicts 69-73 Days Away
Renowned analyst Benjamin Cowen has been vocal about his Bitcoin price forecast. According to him, Bitcoin is currently between 69 and 73 days away from its next cycle bottom. This estimate is based on the current cycle-day count of 1,363. Historically, the prior two cycles bottomed on day 1,432 and day 1,436 respectively.
Cowen's model has been a go-to reference for traders, as it suggests that the current cycle topped within a week of the prior two cycles. He used this timing to defend the four-year cycle framework, arguing that Bitcoin topped within one week of its historically typical top time despite narratives calling the four-year cycle dead.
Cowen has also flagged August and September as historically weak months for Bitcoin. In past midterm election years, the asset fell an average of roughly 10% in August, with further losses in September before any recovery began.