Cryptocurrency analyst predicts a sharp collapse of bitcoin in the near future

Bitcoin BTC $111,087.98 Bitcoin 1.69% Market capitalization $2.21 trillion VOL. 24 hours $1.93 billion may come under pressure in the third quarter of 2025, according to a well-known crypto market analyst Benjamin Cowen. According to him, the market is currently forming a scenario similar to previous cycles, when, after rapid growth in the first half of the year, cryptocurrencies entered a correction phase.

Cowen notes that seasonality has a significant impact on the dynamics of the bitcoin exchange rate. Historically, Q3 is often accompanied by a decline in activity and profit-taking by investors. That is why the risks of correction are growing, even if the fundamental factors remain positive.

The analyst also draws attention to the current state of the market: in June and July, bitcoin tried several times to update local highs, but buyers were unable to keep the momentum. According to Cowen, this may indicate a gradual cooling of interest and preparation for a correction in the coming months.

Among the additional risk factors, Cowen mentions geopolitical uncertainty, the expectation of decisions from the US Federal Reserve, and growing volatility in traditional financial markets. All of this may push investors to a more cautious strategy in the coming period.

At the same time, the expert emphasizes that the long-term trend for bitcoin remains positive, but those who plan to invest in the near future should be prepared for potential price drops during Q3 and choose strategies based on market volatility.