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Bitcoin weakness has returned to the center of market discussion as long-term analyst Benjamin Cowen outlines why the asset’s recent decline fits a familiar historical pattern. According to Cowen, Bitcoin’s price action reflects a transition into a bear market phase rather than a temporary pullback, with structural similarities to prior cycle downturns.

Benjamin Cowen, CEO of Into the Cryptoverse, issued a warning that most altcoins should and likely will go to zero. The analyst posted on X that traders should “stop believing in the alt season just because some guru told you it would happen.” Cowen characterized the cryptocurrency asset class as requiring cleansing of “useless garbage” with midterm years providing ideal conditions for this process.

Crypto market analyst Benjamin Cowen predicts that Bitcoin could reach its next major cycle peak in late 2025 before entering a downturn in 2026. He said historical data from previous market cycles point to a repeating pattern that investors should not ignore.

Cryptocurrency analyst Benjamin Cowen has highlighted Bitcoin’s breakthrough above $121,000 as validation for maintaining BTC-heavy portfolio allocations and using Bitcoin as a unit of account rather than USD. His analysis suggests current dominance levels will recover by late October 2025, following historical patterns observed in 2017, 2019, 2023, and 2024.