TechFlow News, January 30: According to a Cointelegraph report, cryptocurrency analyst Benjamin Cowen predicts the Bitcoin price decline may persist and suggests investors expecting a large-scale shift from gold and silver into cryptocurrencies could be mistaken. Bitcoin is currently trading at approximately $82,859—down 7.78% over the past seven days—while gold and silver have hit all-time highs. The Crypto Market Sentiment Index shows “extreme fear,” with a score of just 16.
However, Swyftx analyst Pav Hundal remains optimistic, forecasting that Bitcoin may bottom out within the next 40 days and reach an inflection point in Q1 2026. Andre Dragosch, Bitwise’s Head of European Research, notes that Bitcoin is currently trading at a “significant discount” relative to gold; if capital flows shift, Q1 2026 could mark a market turning point.
