Analyst Predicts Bitcoin May Hit New Low Around November 15
Crypto analyst Benjamin Cowen suggests Bitcoin could reach a new low around November 15 based on recent market patterns.
Crypto analyst Benjamin Cowen suggests Bitcoin could reach a new low around November 15 based on recent market patterns. Bitcoin (BTC) is trading at ₹76,79,709 ($80,808.00), down 0.2% since this brief published. This is an original Token Times brief based on reporting by Cointribune, with live market data added, as of Sat, 24 Oct 2026 04:45:01 UTC.
If accurate, this prediction could influence short-term trading strategies and investor sentiment as market participants anticipate potential price movements.
- Cowen observes Bitcoin rebounds losing momentum around the 21st of each month since August.
- He predicts a new low around November 15, though the pattern is based on limited observations.
- Bitcoin is currently trading at $80,941, down 1.01% in the last 24 hours.
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- Analyst Predicts Bitcoin May Hit New Low Around November 15 — this brief
Crypto analyst Benjamin Cowen has highlighted a potential pattern in 
Bitcoin's price movements, noting that since August, the cryptocurrency has shown a tendency to lose momentum in its monthly rebounds around the 21st of each month.
Based on this observation, Cowen has suggested that Bitcoin might reach a new low around November 15. However, he cautions that this pattern is based on a limited set of data and should not be regarded as a statistical rule.
The current market context shows Bitcoin trading at $80,941, down 1.01% in the last 24 hours and 0.64% over the past week. The overall crypto market cap stands at $2.78 trillion, with the Fear & Greed Index at 51, indicating a neutral sentiment.
This analysis comes amid a broader market downturn, with Bitcoin's price hovering around significant support levels. If the predicted low materializes, it could impact short-term trading strategies and influence investor sentiment.
Traders and investors may watch for price action around November 15 to see if the pattern holds, while also considering other fundamental and technical factors that could influence Bitcoin's price.
Since this brief published about 11 hours ago, Bitcoin (BTC) has moved from ₹76,92,348.70$80,941.00 to ₹76,79,708.85$80,808.00 — -0.16%.
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 Token Times'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 ≈ ₹8.24M (about $80,808.00), down 1.0% over 24 hours. The rupee itself trades about 7.3% above the official rate on the P2P market, so a Indian 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.
Analyst Predicts Bitcoin May Hit New Low Around November 15 — questions & answers
What pattern did Cowen observe in Bitcoin's price?
Cowen noted that Bitcoin's monthly rebounds have lost momentum around the 21st of each month since August.
When does Cowen predict Bitcoin will hit a new low?
Cowen predicts a new low around November 15.
How reliable is Cowen's prediction?
Cowen acknowledges the pattern is based on few observations and should not be considered a definitive rule.
How much is 1 Bitcoin worth in rupee today?
About ₹8.24M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $80,808.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.16% since this brief first published — trading at ₹76,79,709 ($80,808.00) now versus ₹76,92,349 ($80,941.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.