Analyst Benjamin Cowen has identified a pattern where Bitcoin's momentum slows and peaks around the 21st of each month since August, with lows occurring mid-month. He predicts a possible new low for Bitcoin around mid-November, but cautions this is based on limited data and not a firm rule. Key factors like the U.S. midterm elections, Federal Reserve policy, bond yields, and Bitcoin ETF flows could heavily influence Bitcoin's price movement. The current price drop below $83,000 and the 50-day moving average near $81,700 are critical levels to watch, making the "curse of the 21st" hypothesis tentative and subject to change.
As of Oct 24, 2026 01:21 WIB, Bitcoin trades on Pluang at Rp1.469.684.319 with a modest 1-day gain of 0.58%. The market shows a strong buying interest with 64% of orders favoring purchases, while the typical hold time is 112 days, indicating steady investor confidence. This trading activity provides a backdrop to analyst Benjamin Cowen's observation about potential Bitcoin lows around mid-November.
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