According to crypto strategist Benjamin Cowen, Bitcoin will have occasional rallies despite the overall bearish trend. Cowen explains that the recent bounce of around 7% from a three-month low of $24,917 to $26,575 is an example of a typical death cross rally. He suggests that there are three possible scenarios that could occur after this rally, including Bitcoin continuing to rise by up to 12% from its current level. Cowen emphasizes that all three scenarios are possibilities.
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