Bitcoin (CRYPTO: BTC) now matches the pattern of every past bear market bottom, according to Benjamin Cowen, one of this cycle's most prominent bears. Why the Burden of Proof Moved to the Bears Cowen, founder of Into The Cryptoverse, said in a Real Vision interview Sunday that past bear markets ended with the same three steps: Price sets a low and rallies It climbs above the 20-week moving average It breaks the 50-week moving average and keeps going Bitcoin has now completed all three, and Cowen can't recall a Bitcoin rally with this setup ever failing.