⚫Crypto strategist Benjamin Cowen cautions that Bitcoin could lose up to 70% of its value in the next bear market. Although not a guaranteed scenario, past cycles saw drawdowns of 94%, 87%, and 77%. With BTC trading near $116,800, such a decline would imply levels around $75,000 — a threat to some but a buying opportunity for others.
⚫Cowen notes that Bitcoin’s final top could arrive suddenly, making profit-taking crucial. He also expects Ethereum to outperform BTC before this cycle ends. For investors, the market presents both the allure of a rally and the looming risk of a sharp correction.