Expert Predicts Potential New Low for Bitcoin Later This Year

Benjamin Cowen has suggested that Bitcoin might reach a new low later this year. According to NS3.AI, Cowen referenced historical bear-market patterns, noting gaps of approximately 143 to 174 days between significant lows. He highlighted that the current cycle is on day 88 since the February low, cautioning that extended rallies over several months do not necessarily indicate the onset of a new bull market.