Benjamin Cowen, one of the most respected technical analysis experts in the cryptocurrency world, in his latest video painted a pessimistic but data-driven picture of Bitcoin's future. Cowen stated that the correction Bitcoin is experiencing after reaching a peak of $126,000 in October 2025 perfectly aligns with historical cycles. One of the most striking aspects of Cowen's analysis was the difference between this cycle and previous bull markets. According to the analyst, while the peaks of 2017 and 2021 were accompanied by great enthusiasm from retail investors, the peak of 2025 occurred during a period of "indifference." Cowen claims that this prevented the expected influx of money into the altcoin market, and that is why the classic "altcoin season" did not materialize.#USSeeksStrategicBitcoinReserve