Is Bitcoin headed for a major correction in January 2025? Crypto analyst Benjamin Cowen, with 853K YouTube subscribers, warns of a potential double-digit dip, pointing to historical trends from 2017 and 2021, when Bitcoin dropped by 30?ch January following halving years.
After a surprising 15% drop in December 2024, some believe the correction might already be priced in. But with rising 10-year yields hitting unprecedented levels, could this explain the dip and signal more volatility ahead?
Will Bitcoin follow history or break the trend? Stay informed, and don’t miss out on the latest crypto market insights.
Location: London
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After a surprising 15% drop in December 2024, some believe the correction might already be priced in. But with rising 10-year yields hitting unprecedented levels, could this explain the dip and signal more volatility ahead?
Will Bitcoin follow history or break the trend? Stay informed, and don’t miss out on the latest crypto market insights.
Location: London
WooGlobe Ref : WGA443347
For licensing and to use this video, please email licensing@wooglobe.com
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00:00Bitcoin has been making waves, but could a correction be just around the corner?
00:04Let's dive into crypto analyst Benjamin Cowan's insights and uncover what might happen next.
00:10Benjamin Cowan, a trusted voice in crypto with 853,000 YouTube subscribers,
00:16warns of a potential double-digit correction for Bitcoin in January 2025. Here's why.
00:22In 2017 and 2021, Bitcoin faced significant drops, around 30 percent, each January following its
00:30halving years. History has a way of repeating, doesn't it? But this time, December 2024 saw
00:37a surprising 15 percent dip. Could it mean Bitcoin is front-running the expected January
00:42correction? Cowan thinks it's possible. Optimists suggest this December drop,
00:48touching around $77,712, might have already priced in the January correction. Is the worst
00:55behind us? Here's another twist. Rising 10-year yields could be holding Bitcoin back. Cowan points
01:02out these yields are hitting levels never seen before in Bitcoin's history. Could this explain
01:07December's decline? So, will Bitcoin defy history or follow the trend? Stay tuned to the market
01:14and prepare for potential swings.