Crypto strategist Benjamin Cowen predicts a possible Bitcoin correction in early 2025 based on historical trends. He references previous post-halving years in which Bitcoin experienced a correction in January, typically around a 30% drop. However, he acknowledges that Bitcoin's December correction may have been influenced by the anticipation of the January correction and suggests that Bitcoin may not correct this month. Cowen also speculates that Bitcoin's December drop may be related to the rise in 10-year yields. At the time of writing, Bitcoin is trading at $94,584, up 1.2% in the last 24 hours.
- Content Editor ( dailyhodl.com )
- 2025-01-02
Benjamin Cowen Lays Out Potential Bitcoin Correction Scenario for Early 2025 – Here’s His Outlook