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Bitcoin Could Rip by 137% in a ‘Perfect Scenario,’ According to Analyst Benjamin Cowen – Here’s His Outlook

Popular crypto analyst and trader Benjamin Cowen says that one astronomical price target remains in play for Bitcoin ( BTC ) this cycle. In a new interview with Kyle Chasse on his YouTube channel, Cowen says that Bitcoin may surge to as high as $200,000 if the flagship crypto asset is currently in a right-translated cycle – or a market cycle where prices tend to peak later rather than earlier. “I would say that it’s possible if we get a right translated cycle that from the bottom Bitcoin could go up about 10x or something, which would probably put it around $150,000. So I would say, in a right translated cycle my guess is that it would be anywhere from like $120,000 to like $150,000. It’s possible in the perfect scenario that it could go all the way up to $200,000. I don’t think Bitcoin will hit $300,000 this cycle. I do think Bitcoin will eventually hit $300,000, but I don’t think it will be this cycle.” He says that Bitcoin needs to hold the 2024 high of about $72,000 on the weekly chart to remain on track to hit fresh all-time highs this cycle. “Anything is possible. And I would certainly be more optimistic if we can definitively hold that 2024 high [around $72,000 on the weekly chart] and start to move back up. I would definitely become more optimistic later on this year. That’s my main concern right now, is, if there is another pullback, can we hold it? The good news is we’ve held it so far, and we actually technically we haven’t even tested it. So the good news is if there is another drop, you probably would have some bulls try to hold the line at those levels because we haven’t even tested those levels yet.” Bitcoin is trading for $84,483 at time of writing, flat on the day. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitcoin Could Rip by 137% in a ‘Perfect Scenario,’ According to Analyst Benjamin Cowen – Here’s His Outlook appeared first on The Daily Hodl . CoinOtag

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Crypto Analyst Issues Urgent Bitcoin Alert, Says BTC ‘Definitely’ Primed To Go Lower – Here Are His Targets

A widely followed cryptocurrency analyst and trader believes that Bitcoin ( BTC ) is not yet out of the woods despite rising from a 2025 low of around $74,000. The analyst, pseudonymously known as the Flow Horse, tells his 267,200 followers on the social media platform X that he believes Bitcoin will revisit price levels below $80,000. But the trader says the current Bitcoin bounce could take BTC above $90,000 before his expected leg down ensues. “Think BTC definitely visit $70,000s again. Think a good trade that I would almost certainly sell is if price can remain bid at $88,000. That probably takes us to mid-$90,000s. There is a running diagonal, and a couple of moving averages that everyone is looking at. Momentum opportunities exist on the other side.” The trader also highlights that if President Trump somehow manages to fire Federal Reserve Chair Jerome Powell, it would be catastrophic for risk assets like Bitcoin and crypto. “Given Trump’s language, if by some measure he is able to boot Powell (Think this might be impossible, but man, clown world right now..) markets nuke.” The Flow Horse also says he has zero exposure to Bitcoin or equities and thinks that the current rallies will be short-lived. “Thinking the trend is your friend and rallies are for selling still.” Bitcoin is trading at $84,490 at time of writing. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Analyst Issues Urgent Bitcoin Alert, Says BTC ‘Definitely’ Primed To Go Lower – Here Are His Targets appeared first on The Daily Hodl . CoinOtag