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Bitcoin rallies past $64,000 despite analyst warning of a market bottom by October.

Market News
14 Jul 2026
Benzinga
View Source
Bullish
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Bitcoin's price surged over 3% to surpass $64,000, even as analyst Benjamin Cowen projects the current bear market will bottom by late September to early October. Cowen notes that Bitcoin's 2026 price action mirrors the 2018 bear market cycle structurally, with expected resistance rallies through July followed by potential declines in August. He advises investors to avoid trying to time the exact bottom and suggests dollar-cost averaging as a better strategy during bear markets. While Bitcoin may stabilize, altcoins could continue to underperform as seen in the 2018 cycle.

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