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The Bitcoin bear market has not ended yet, Benjamin Cowen predicts that although the price has just recovered
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Benjamin Cowen warns that Bitcoin's rally will peak in the next few weeks before continuing to decline to the market bottom in October.
- Cowen still holds a bearish view as Bitcoin's rally repeats the patterns of 2014 and 2018.
- The upward trend to the 200-day moving average followed by a correction has repeated in the past three cycles.
- Cowen forecasts that the current rally will peak in the next few weeks before correcting in October.
$BTC