This Bitcoin Setup Has NEVER Failed

Plus, why did Strive buy more BTC than Saylor?

Author

Ivan
October 05, 2026

Happy Monday!

Bitcoin is now in a setup that has never failed in its history — and that is good news for the bulls, according to prominent analyst and longtime bear Benjamin Cowen.

Strategy has added another 300+ BTC to its war chest, but it turns out that Strive actually outdid Michael Saylor in Bitcoin purchases recently: how come?

Plus, the month of September saw many changes to the leaderboard of the most-searched stocks on Benzinga Pro. Meta and Oracle surged, while SanDisk and Palantir dropped out.

TOP STORY

Bitcoin has checked every box Benjamin Cowen says marked past bear-market bottoms: a rally from the low, a move above the 20-week average and a sustained break over the 50-week.

The longtime bear says he can’t recall this setup failing — but warns a stock-market correction could still spark a pullback, while easing Treasury yields may give crypto more room to run.

SPECIAL OFFER

The month of September saw many changes to the leaderboard of the most-searched stocks on Benzinga Pro.

Among the biggest changes was Meta surging up the leaderboard to place third, marking only the second time in four months that Meta ranked in the top 12. This came as Meta launched the Muse AI agent and saw strong interest among investors for its AI tools and growth.

Meanwhile, Palantir and SanDisk dropped out, while Oracle and others jumped in.

MARKET MINUTES

Cardano has surged 11% over the past day, while Bitcoin and ETH barely did anything at all. Where is the outperformance coming from?

Bitcoin looks to be in the process of repeating its usual Sunday pump, Monday dump maneuver. What is this pattern and why does it keep repeating itself?

Dogecoin is on the verge of breaking out but has one more key level to clear before it can finally do so: here’s what’s needed for a big DOGE pump.

FINTECH FOCUS

Strategy Inc. added 334 Bitcoin, while smaller rival Strive Inc. snapped up 2,000 — six times as much.

The company still holds 848,000 BTC, but Strive’s larger buy highlights its growing role in the race to build corporate Bitcoin treasuries.

Both are also taking different financing approaches: Strategy funded part of its purchase by selling shares, while Strive said most of its latest buy was financed through its preferred stock.

Add in the sharp contrast between Strategy’s stock volatility and its lower-volatility STRC preferred shares, and there’s more to this rivalry than the size of each Bitcoin stash.

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