Benjamin Cowen Says Bitcoin May Still Have Further Downside
Benjamin Cowen sees signs resembling earlier periods of Bitcoin weakness and says a bottom may not be in place despite hopes for December.
Benjamin Cowen sees signs resembling earlier periods of Bitcoin weakness and says a bottom may not be in place despite hopes for December. Bitcoin (BTC) is trading at ₹69,68,419 ($74,188.00), up 0.6% since this brief published. This is an original Token Times brief synthesising 2 outlets (Cointribune, Bitcoin Sistemi), plus live market data, as of Tue, 10 Nov 2026 15:00:01 UTC.
The call highlights an unresolved technical risk for Bitcoin holders because Cowen believes several weakness signals remain present. His framework puts attention on possible additional selling, seasonal demand and Nasdaq conditions rather than treating the recent decline as a confirmed market bottom.
- Cowen believes Bitcoin has not yet confirmed a bottom
- He anticipates a possible low around December
- Several signals resemble earlier phases of market weakness
- Bitcoin trades at $73,770 after a 4.54% weekly decline
Cointribune and Bitcoin Sistemi agree that Benjamin Cowen remains cautious about Bitcoin and expects further downside or a larger decline before a durable bottom. Cointribune provides the more detailed account, citing multiple signals that resemble previous phases of weakness, a possible December low, seasonal selling and persistent Nasdaq difficulties. Bitcoin Sistemi frames the assessment around a bigger drop and a critical support level, although neither the precise level nor an expected decline percentage is supplied. The coverage does not contradict each other, but Bitcoin Sistemi puts greater emphasis on the prospect of a sharper fall.
- Bitcoin Analyst Benjamin Cowen Warns of Potential Final Stage in Major Downtrend
- Benjamin Cowen Flags Further Bitcoin Downside After Recent Decline
- Benjamin Cowen Says Bitcoin May Still Have Further Downside — this brief
Bitcoin may not have completed its bottom, according to analyst Benjamin Cowen, whose November 9 podcast assessment maintained that the cryptocurrency remains vulnerable to another decline. The caution comes after Bitcoin traded at $73,770 in the supplied market snapshot, down 0.99% over 24 hours and 4.54% over seven days.
Cowen said several signals currently resemble those seen during earlier phases of Bitcoin weakness. He also discussed seasonal sales and ongoing difficulties in the Nasdaq as conditions surrounding the market. Based on that analysis, he now envisages a Bitcoin bottom in December, while the broader framing in the coverage is that such a low has not yet been confirmed.
Cointribune and Bitcoin Sistemi both report that Cowen sees room for Bitcoin to fall further. Cointribune supplies more context about his December timeline and the combination of technical, seasonal and equity-market factors. Bitcoin Sistemi emphasizes the possibility of a larger drop and tells readers to watch a critical support level, but neither outlet publishes the level itself or a specific forecast for the size of another decline. The assessments build on a fragile market backdrop. Bitcoin’s $1.48 trillion capitalization remains the dominant part of a total crypto market valued at $2.53 trillion, while the broader crypto market is described as flat. The contrast between an essentially steady overall market and Bitcoin’s nearly 1% daily loss indicates weakness concentrated in the largest cryptocurrency rather than a broad, uniform pullback across all digital assets. Sentiment also remains defensive, with the Fear & Greed Index at 32, inside the Fear zone. The current period under observation therefore includes a weekly Bitcoin decline, cautious technical signals and weak sentiment. The relevant conditions Cowen has identified are further downside risk, the unspecified critical support level, seasonal selling pressure, Nasdaq performance and whether Bitcoin can establish the low he expects around December.
Since this brief published about 4 hours ago, Bitcoin (BTC) has moved from ₹69,29,156.49$73,770.00 to ₹69,68,418.90$74,188.00 — +0.57%.
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 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 ≈ ₹7.38M (about $74,188.00), down 0.7% over 24 hours. The rupee itself trades about 5.9% 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.
Benjamin Cowen Says Bitcoin May Still Have Further Downside — questions & answers
What is Benjamin Cowen's view on Bitcoin's bottom?
Cowen believes Bitcoin has not yet confirmed a bottom and that further downside remains possible. He envisages a low around December.
Which signals does Cowen cite?
He cites several signals resembling earlier phases of Bitcoin weakness, alongside seasonal sales and persistent difficulties in the Nasdaq.
How is Bitcoin trading in the supplied market data?
Bitcoin is at $73,770, down 0.99% over 24 hours and 4.54% over seven days. The Fear & Greed Index is 32, or Fear.
How much is 1 Bitcoin worth in rupee today?
About ₹7.38M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $74,188.00. 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 up 0.57% since this brief first published — trading at ₹69,68,419 ($74,188.00) now versus ₹69,29,156 ($73,770.00) 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, Bitcoin Sistemi, with the key figures cross-checked for agreement across them. 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.