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Analyst Benjamin Cowen has put the odds at 65% that Bitcoin’s cycle low is still ahead, versus 35% that the low is already in.
That keeps the market in a high-uncertainty zone. $BTC bulls need to prove that recent strength can develop into a sustainable trend rather than another temporary relief rally.
The next major moves could define whether this cycle is entering a deeper correction or preparing for another expansion.
#Bitcoin #BTC #Crypto #BTCUSDT #MarketUpdate