Dipping Below $95,000 Would End Bitcoin’s Bull Market, Analyst Warns
Posted On September 5, 2025
Bitcoin (CRYPTO: BTC) may still be due a rally until the end of the year, but analyst Benjamin Cowen is urging caution.
What Happened: In an interview published on Sep.3, Cowen said he expects Bitcoin to set a September low near its 20-week moving average, similar to its 2017 cycle.
He warned that losing the 50-week moving average around $95,000–$96,000 would “mark the end of the bull market.”
He expects Bitcoin to absorb altcoin liquidity during this correction, leaving altcoins underperforming until Ethereum (CRYPTO: ETH) achieves durable all-time …