Benjamin Cowen Sees Bitcoin Bottom Potentially Deferred to December
Benjamin Cowen said Bitcoin may still face further downside before a possible seasonal bottom in December.
Benjamin Cowen said Bitcoin may still face further downside before a possible seasonal bottom in December. Bitcoin (BTC) is trading at $73,137.00, down 1.6% since this brief published. This is an original TLT brief based on reporting by Cointribune, with live market data added, as of Tue, 10 Nov 2026 15:45:02 UTC.
A further decline would place the focus back on Bitcoin’s technical support and the broader risk backdrop, including weakness in the Nasdaq. Cowen’s view highlights that the market has not yet reached the conditions he associates with a durable low.
- Cowen believes Bitcoin may still decline before bottoming
- He expects a possible bottom around December
- BTC trades at $74,303, down 3.49% over seven days
- Crypto sentiment remains in fear at 32
- Benjamin Cowen Flags Further Bitcoin Downside Risk Below $80,000
- Benjamin Cowen Sees Bitcoin Bottom Potentially Deferred to December — this brief
Bitcoin may not have completed its downside move, according to analyst Benjamin Cowen, who said in a November 9 podcast that another decline remains possible. Cowen cited several signals that he believes resemble earlier phases of market weakness, though the available summary does not identify the individual indicators.
The analyst’s base case points to a possible Bitcoin bottom in December. That timing comes amid seasonal sales and continuing difficulties for the Nasdaq, which Cowen included in the context for his view. He described the bottom as a forecast rather than confirming that one has formed.
Cointribune reported that traders are monitoring key technical thresholds as Bitcoin trades near a closely watched technical level. The summary did not specify that level or provide numerical support targets, so the available information does not establish where Cowen expects the next major reaction to occur.
Live data show Bitcoin at $74,303, down 0.06% over 24 hours and 3.49% over seven days. Its market capitalization stands at $1.49 trillion, while the total crypto market is $2.54 trillion and broadly flat. The Fear & Greed index is at 32, placing sentiment in the “Fear” zone. The next elements in Cowen’s thesis are continued weakness, the unspecified technical thresholds, and whether the Nasdaq and seasonal selling conditions remain unfavorable into December.
Since this brief published about 5 hours ago, Bitcoin (BTC) has moved from $74,303.00 to $73,137.00 — -1.57%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦101.29M (about $73,137.00), down 3.0% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Benjamin Cowen Sees Bitcoin Bottom Potentially Deferred to D — questions & answers
What did Benjamin Cowen say about a Bitcoin bottom?
He said Bitcoin could still decline and forecast a possible bottom around December, according to Cointribune’s summary of his November 9 podcast.
What factors did Cowen cite for further downside?
He cited several signals resembling previous phases of weakness, along with seasonal sales and persistent difficulties in the Nasdaq.
Where is Bitcoin trading amid the forecast?
Bitcoin is priced at $74,303, down 0.06% over 24 hours and 3.49% over seven days, while crypto sentiment is at 32 on the Fear & Greed index.
How much is 1 Bitcoin worth in naira today?
About ₦101.29M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $73,137.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 1.57% since this brief first published — trading at $73,137.00 now versus $74,303.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointribune. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.