📉 The analyst warned of a 70% risk of Bitcoin's decline

➡️ ITC Crypto founder Benjamin Cowen believes that the first cryptocurrency could lose up to 70% of its value from its peak in the future. He reminded that in past cycles, corrections were 94%, 87%, and 77%.

📊 Short-term expectations

🔵 Analyst Axel Adler Jr. estimates the probability of a new ATH in the next two weeks at 70%. His arguments:

🔵 MVRV for short-term holders is close to zero.

🔵 BTC futures are consistently trading at a premium to spot.

🔵 ETFs are recording a steady inflow of capital (+$163 million as of September 18).

📌 The market is balancing between the risk of a deep correction and the chance to update records. Institutional inflows and activity in derivatives could be the decisive factor for the next move.

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