Bitcoin Will Correct Further In September, Analyst Maintains
Posted On August 26, 2025
Prominent crypto analyst Benjamin Cowen has emphasized his expectation of a September pullback for Bitcoin (CRYPTO: BTC), highlighting critical support levels to watch.
What Happened: In an Aug. 25 podcast, Benjamin Cowen reaffirmed his September correction thesis for Bitcoin, projecting a pullback to the bull market support band below $110,000 after Ethereum’s new all-time high cleared the way for downside.
He highlights $124,000 as recurring resistance, noting its alignment with past cycle peaks at “10x levels” (e.g., $1,240 in 2013 and $12,400 in 2020).
Cowen cites historical September weakness in post-halving years (2013, 2017, 2021) where Bitcoin often retested the …