Bitcoin Loses $90,000: Look At 2019 To See What Happens Next
Posted On December 1, 2025
Bitcoin (CRYPTO: BTC) breaking below $90,000 on Monday has prompted crypto analyst Benjamin Cowen to draw striking parallels to the 2019 macro setup.
What Happened: In a podcast published on Sunday, Cowen warned that Bitcoin’s current downturn, arriving just as quantitative tightening (QT) ends, is tracking almost identically to 2019.
Back then, BTC continued bleeding for months after the Federal Reserve shifted from QT to quantitative easing (QE).
Cowen’s base case mirrors that earlier cycle:
- Six months of consolidation
- Three straight red monthly closes (Oct–Dec)
- A relief …
About The Author
