Will Bitcoin Test $69,000? Watch This Date For The End Of The ‘Window of Weakness’
Posted On March 10, 2025
Crypto analyst Benjamin Cowen warns Bitcoin’s (CRYPTO: BTC) first weekly close below bull market support band could signal the cycle top.
What Happened: As Bitcoin slipped below $79,000, Cowen raised concerns in a podcast on Monday, noting that BTC has closed below the bull market support band on a weekly timeframe for the first time outside Q3 during this cycle.
“This is deviating from past cycles,” he stated, highlighting how Bitcoin’s one-year ROI is declining—unlike in 2017, when it continued rising through March.
Cowen believes Bitcoin’s weakness …
About The Author
