[Benjamin Cowen: Questioning the Bearish Outlook for Bitcoin in Q4] ITC Crypto founder Benjamin Cowen published a post questioning the bearish outlook for Bitcoin in the fourth quarter, stating that the current market trend is favorable for the bulls. The BTC price is less than 1% away from its May high, making it difficult to draw conclusions about the market outlook before entering Q4. Benjamin Cowen pointed out that historically, after BTC breaks above the 50-week moving average, it typically rises 20% to 30% within 1 to 2 weeks. However, this cycle's movement has been more moderate, influenced by seasonal factors and rising U.S. Treasury yields. Bitcoin has consistently demonstrated resilience, necessitating a reassessment of the bearish outlook for Bitcoin in Q4.