Bitcoin Analyst Benjamin Cowen Warns of Impending Red Month in September

Crypto analyst Benjamin Cowen predicts that Bitcoin will experience a significant correction in September, with a potential drop of over 10% from current levels. Cowen cites historical data showing negative returns for Bitcoin in September and the recent monthly close below $27,000 as factors supporting this prediction. He also suggests that the altcoin markets may see a resurgence next year due to macro tailwinds such as increased volatility in the halving year and potential political pressure for looser monetary policy during an election year.