Benjamin Cowen’s prediction that Bitcoin would bottom in the back half of 2026 is holding up, with the July 1 low still standing more than seven weeks later. The analyst maintained his cautious stance throughout the first half of 2026, telling followers to sit out the asset despite widespread skepticism. He still assigns a decent chance to one more leg down in Q4, with a floor near $44,000 based on prior midterm cycles in 2014, 2018, and 2022. This potential dip does not undermine his broader thesis, which holds that Bitcoin should perform well heading into 2027 regardless of what happens in the fourth quarter.
Source: Read the original article
