Crypto analyst Benjamin Cowen has admitted he was wrong in his recent bearish predictions for Bitcoin. Crypto analyst Benjamin Cowen acknowledged that his previous prediction for Bitcoin did not materialize and announced a reassessment of his market outlook. He stated that he had believed Bitcoin would not surpass its May peak, but BTC did indeed rise above that level, reaching approximately $86,000. Cowen added that the current market structure is sending different signals than in past cycles.