Analyst Benjamin Cowen Warns Bitcoin Could Drop Below $60,000 in Current Market Cycle

Crypto analyst Benjamin Cowen says Bitcoin could fall below $60,000 as part of the current market cycle. According to Cowen, historical patterns suggest Bitcoin often weakens after a short rally, especially during mid-cycle periods when market momentum begins to fade.

Cowen notes that Bitcoin typically declines in January and February, rallies in March, and weakens again in the following months. Based on this pattern, he believes BTC could eventually revisit the $50,000–$60,000 range as the cycle develops. However, the analyst says such corrections are common in crypto cycles and do not necessarily signal long-term weakness. Bitcoin could consolidate at lower levels before the next major market trend emerges.

Clever Robot News Desk 15^th March 2025