Waited for Bitcoin's October Bottom? Benjamin Cowen Says He Was Wrong

Benjamin Cowen, founder of Into The Cryptoverse, publicly admitted his bearish Bitcoin call failed on Monday, as the cryptocurrency broke decisively above $85,000 and squeezed short sellers.

The reversal marks a turning point for one of the market’s most influential bearish voices this cycle.

A Public Reversal Rooted in Cycle Analysis Cycle analysis is a forecasting method that projects Bitcoin’s trajectory from patterns observed in the previous four-year market periods.

Cowen leaned on that framework for months, arguing that history still pointed toward lower prices before any durable recovery. Follow us on X to get the latest news as it happens.