Analyst Benjamin Cowen suggests that Bitcoin's recent price rebound, which coincides with equity markets, is likely part of a late-cycle distribution phase rather than the start of a new bullish trend. He compares current market behavior to historical late-cycle patterns seen in 2000 and 2007, where markets rallied before deeper declines amid economic slowdowns. Cowen predicts the market cycle could peak around September–October 2026, with a potential summer rally being a temporary topping process. This pattern involves repeated attempts to reach new highs, volatile price action, and gradual weakening, making it difficult for investors to identify the market top in real time.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin price briefly rose to nearly $65,470 following softer US inflation reports, raising hopes the Federal Reserve might pause rate hikes. However, profit-taking by long-term holders and whales around the $65,000 resistance led to a pullback towar...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Bitcoin is currently trading around $64,878 but faces potential downside risks, with analysts projecting a possible drop to $38,000–$39,000 based on past four-year bear market cycles. This would represent a roughly 40% decline from current levels and...
