Benjamin Cowen: Bitcoin Outlook Reversal Admitted
Benjamin Cowen admits error on Bitcoin after 2026 lower lows calls as BTC trades at $85999.83 with bullish EMA confluence.
SourceAnalysis
Benjamin Cowen admits he was wrong on Bitcoin after months of 2026 lower lows forecasts, stating he must now deal with the fallout while BTC holds $85999.83. The asset maintains its bullish trend structure above the EMA50 support at $79856.17 and EMA200 at $75847.32, yet price tests upper Bollinger resistance near $85167.26 as RSI(14) reaches 85.63 overbought territory with MACD confirming a golden cross at 1641.0. This setup points to probable healthy retracement toward the 50-EMA before continuation, reshaping BTC price prediction models and Bitcoin technical analysis amid shifting crypto market trends.
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