Weekly Close Holds Key to Bitcoin's Year-End Direction

Analyst Benjamin Cowen believes that the weekly close is a crucial indicator for determining Bitcoin's year-end direction.

Cowen suggests that maintaining above the May highs could create a rising trend in the fourth quarter, but notes that if prices drop below those levels, it could lead to a year-end correction of $83,983.00.

Looking ahead to 2026, Cowen predicts a gradual buying approach will come to the forefront by the second half of the year.