Markets· ★★★· bearish·

Analyst Benjamin Cowen Flags Bitcoin Q4 Floor Near $44,000

  • —Cowen sees a possible Q4 floor for BTC near $44,000
  • —He dates the current accumulation phase to July 1
  • —The call is based on Bitcoin's multi-year cycle structure
Why it matters: The $44,000 target sits roughly half current levels, implying deep drawdown risk for holders if the cycle call plays out.
Source: Coinotag