Ben Cowen believes Bitcoin is likely to drop to around $95K soon, possibly lower later in Q3 (July–September), before another rally in Q4 (October–December).
📉 Short-Term Outlook (Next Few Weeks):
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Bitcoin will likely drop to the Bull Market Support Band (~$95K).
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That’s a normal pattern seen in past years around this time.
🕒 Q3 (July–September):
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Ben expects more downside risk, with Bitcoin possibly going to:
Key Highlights:-
85K (60% chance)
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Down to 60K (20% chance, if there's a recession)
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Bitcoin might find a low in August or September, like in previous years.
📈 Q4 (October–December):
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A rally is likely after the Q3 low.
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If Bitcoin stays above key support levels (like the 50-week moving average), the rally could lead to a new all-time high.
🧠 Key Takeaways:
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Bitcoin is stronger than altcoins right now; dominance just hit 66%.
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The exact path is uncertain, but the general expectation is:
Key Highlights:-
Drop → Stabilize → Rally
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Ben sees 2026 as a likely bear market year based on historical cycles.
🪙 Final Thoughts from Ben:
“We don’t know exactly what path Bitcoin will take, but odds are we’ll see weakness in Q3 and strength in Q4. Holding Bitcoin is likely safer than holding altcoins right now.”