Benjamin Cowen Sees BTC Falling to $40,000 if the 200-Week Average Gives Way
Benjamin Cowen warns bitcoin may face a final capitulation before its cycle bottom.
Anchorage Digital data suggests the Bitcoin selloff is being driven by US investors.
Investor caution and regulatory uncertainty may drive volatility in crypto markets, highlighting the need for strategic risk management.
November 15, 2026, 10:02 pmThe price moves across the market led to $2 billion in crypto liquidations in a single 24-hour period over the weekend.
November 15, 2026, 9:57 pmBenjamin Cowen warns bitcoin may face a final capitulation before its cycle bottom.
Rising institutional and retail selling, short-term holder sensitivity, and cascading liquidations have pushed Bitcoin below $73k.
Bitcoin breaks below $63 on Sunday, November 15, even briefly falling toward $62,000 as selling pressure spread across the cryptocurrency market. Although BTC recovered above $65,000 after reaching its lowest level since July, the rebound did little to ease concerns about deteriorating market sentiment and weakening institutional demand.
Bitcoin hit $62,006 as US funds lost $1.91 billion in seven days.
Bitcoin could recover toward $170,000 in 2027 under a scenario outlined by Wellington-Altus strategist James Thorne after the selloff. He attributed the decline to leverage while identifying price levels that would support or invalidate his outlook.
The rise of Bitcoin ETFs challenges treasury firms to prove their added value, as investors increasingly favor direct, lower-risk exposure.
US spot Bitcoin exchange-traded funds have now suffered two consecutive weeks of withdrawals exceeding $1 billion, a remarkable reversal for products often treated as the clearest gauge of institutional demand.
Bitcoin's latest decline is testing something more important than a round-number price level: whether buyers have enough conviction to absorb selling when liquidity thins out over the weekend.
Michael Saylor hinted at another Strategy bitcoin purchase amid a sharp market decline. His message came as the company’s holdings remained below acquisition cost and followed his comparison highlighting gains from its preferred shares.