Crypto Market Flips into Bull Trend as Analysts Reassess Bitcoin's Cycle

The crypto market has flipped into a bull trend after months of analysts predicting a downturn. According to Benjamin Cowen, one of the most-watched analysts in crypto, he was 'wrong' about Bitcoin's four-year cycle having another leg down.

Cowen had been arguing that Bitcoin would bottom out in early October 2026, but with Bitcoin now trading above $85.8K, it seems he was mistaken. John from Milk Road notes that Cowen has been buying Bitcoin since July and is not as wrong as everyone thinks.

The team at Milk Road attributes the recent price surge to 'price being the catalyst' rather than any specific event or legislation. They also mention that several assets, including Uniswap, Zcash, and Solana, are experiencing significant gains.