Bitcoin Could Fall to $40,000 by October-November 2026, Analyst Cowen Forecasts

BTC-3.57%
USIDX0.03%
According to Benjamin Cowen, founder of Into The Cryptoverse, Bitcoin could fall to the $40,000 region by October-November 2026 as it completes a cyclical bottom, based on the analyst's 4-year cycle analysis and on-chain metrics. Cowen predicts this would represent a complete macro-level reset, with critical indicators like Realized Price and Balanced Price converging around this level. He attributed the continued pressure on Bitcoin to a strengthening US Dollar Index and noted that this market cycle differs from 2017 and 2021, with the peak driven by apathy rather than retail enthusiasm, limiting the expected altcoin rally.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments