Market analyst Benjamin Cowen said on Nov. 9, 2026, that a stock-market correction was pulling bitcoin lower, as he had expected for the fourth quarter. He compared the move with 2014, 2018 and 2022, but said his call rests on only three midterm cycles and is not an exact science; his own dates make 2022 a looser fit for a fourth-quarter pattern.
Bitcoin fell to about $73,900 before recovering above $75,000. Cowen expects a low within about two months, while his July memo’s floor near $44,000 was an illustrative projection, not a measured bottom. Polymarket priced a 46.5% chance of bitcoin reaching $70,000 in November, but that contract ends before Cowen’s forecast window does.
