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Bitcoin (CRYPTO: BTC) could form a market bottom as early as May, according to crypto analyst Benjamin Cowen, though such a scenario would likely require a sharp capitulation event.
Early Bottom Possible, But Unlikely
In his Apr. 15 podcast, Cowen said the base-case outlook still points to a later bottom, likely around October 2026, in line with historical market cycles.
While a May bottom is possible, it remains a lower-probability scenario unless price action deviates significantly from past patterns.
He noted that the current cycle closely resembles previous midterm-year behavior, where markets tend to move sideways before a more decisive phase …
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