Analysis

Analyst That Nailed January 2025 Bitcoin Top Predicts BTC Rallies in Coming Months – But There’s a Catch

Published

9 months ago

March 9, 2025

A crypto strategist that the January -bitcoin correction precisely referred to as believes that BTC nonetheless has room this yr to stroll up.

Analyst Benjamin Cowen tells his 987,300 followers on the social media platform X that he sees Bitcoin bringing a “counter -trend” rally to mild within the coming months.

However cowing highlights That he carefully screens throughout this correction to view an necessary worth stage for BTC to find out if his bull run is over.

“In precept a big drop in Q1 2025, a counter-trend rally by BTC/USD in Q2/Q3 the place most alt/BTC pairs bleed, after which a lower in This autumn 2025, which ends up in a recession of 2026.

The unclear half is that if there’s a in opposition to -trend rally in Q2/Q3, BTC can attain a brand new excessive?

My gamble is whether or not BTC will go <$ 70,000 within the coming weeks, then a future rally will resolve to a decrease excessive.

If BTC> $ 70,000 stays, a future rally can nonetheless resolve to the next excessive. ”

A decrease excessive would recommend that the Bitcoin bull market is over, as a result of BTC bulls are usually not collected sufficient shopping for stress to ship the crypto king above its highest peak of $ 108,000.

Within the meantime, the next excessive would point out that BTC will rise properly above $ 108,000, in order that the bull market stays intact.

On the time of writing, Bitcoin acts for $ 86,380.

Days earlier than the highest of Bitcoin in January 2025, Cowen predicted that BTC’s assembly above $ 100,000 would hit a brick wall on Trump’s inauguration day. His prediction relies on the concept the Bitcoin worth motion will mirror the efficiency of the Nasdaq Trade-Traded Fund (ETF) Invesco QQQ, which achieved an area high 13 months after the launch.

READ MARA Holdings to Raise $850 Million Through Convertible Notes To Buy More BTC

On the time, Cowen stated that January 20 would mark the thirteenth month because the launch of the spot Bitcoin ETFs.

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