Skip to content
Search stories
-35 Cryptopulse -35 of 100, Risk-off.
Sign in
← Back to feed

Bitcoin drops below $80,000 as two of Cowen’s nine bearish Q4 steps trigger

Bitcoin drops below $80,000 as two of Cowen’s nine bearish Q4 steps trigger
AI summary

Bitcoin dropped below $80,000, a level traders watch as a psychological and technical threshold. Analyst Benjamin Cowen says two of nine steps in his bearish Q4 roadmap have now been met, suggesting more downside could follow. Upcoming Fed commentary and PCE inflation data are the key catalysts that could either confirm or reverse the bearish path.

Most read · 72h