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ITC Crypto Founder: Bitcoin weekly close above $83,000, bulls still dominate

2026-10-12 12:07:57

ITC Crypto founder Benjamin Cowen stated that Bitcoin's closing price this week is above $83,000, which means that the bulls still dominate, and the bears need to prove that market control has shifted.

Cowen mentioned that based on his past experience, adopting a dollar-cost averaging strategy in the second half of the year during U.S. midterm election years is a suitable approach, a strategy that worked in both 2018 and 2022, and hopes it will be the same in 2026.

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