Benjamin Cowen Sees Q4 Bitcoin Bottom Near $44,000

Benjamin Cowen’s July memo puts Bitcoin’s next bottom in the fourth quarter of 2026, with a seasonal floor near $44,000 and a formal shift into bottom-watch mode. according to BeInCrypto, his framework says the reset now depends on time rather than a single price level, and his projection sits in BeInCrypto’s $44,000 to $47,000 model range. Cowen said the low is likely months, not weeks, away.