Bitcoin’s Post-Golden Cross Correction Playing Out — Benjamin Cowen Flags Signs Of Q3 Weakness
Posted On June 4, 2025
Crypto analyst Benjamin Cowen warns that Bitcoin’s (CRYPTO: BTC) recent correction could deepen through Q3, pointing to familiar patterns in key technical indicators.
What Happened: In his June 4 podcast, Cowen noted that Bitcoin has dropped around 7–8% from all-time highs, nearing his forecasted 10–15% pullback following a golden cross. He emphasized that the “supply in profit” metric, currently at 96.71%, is flashing warning signs as previous market tops have occurred when this indicator exceeds 97–99%.
Cowen explained …