#ben-cowen News & Analysis

Ben Cowen: Bitcoin’s bottom likelihood is only 25%, a potential 70% drop aligns with historical patterns, and the $60k level is critical for market assessment | The Wolf Of All Streets

Cryptocurrency analyst Ben Cowen suggests Bitcoin has only a 25% probability of reaching a market bottom in the current cycle, while a potential 70% decline to the $30-50k range would align with historical bear market patterns. The $60k price level emerges as a critical technical threshold for determining the market's directional bias.