Benjamin Cowen: Bitcoin weakness against Gold has persisted since December 2024

Benjamin Cowen: Bitcoin weakness against Gold has persisted since December 2024
Bitcoin trend against Gold persists

Bitcoin has continued to lose value relative to Gold since December 2024, according to Benjamin Cowen.

Cowen emphasizes that a single green monthly candle, following seven consecutive red ones, does not necessarily indicate a reversal of the trend.

Cowen previously argued that Bitcoin typically rallies into early March during midterm years, contending that narratives often follow price action rather than precede it, according to a March article. He also forecast a local top for Bitcoin after February as market softness was anticipated in a separate report. The recent commentary builds on these earlier market observations.

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