Who Is Benjamin Cowen and What Does He Predict for Crypto?

Cowen is the founder of Into the Cryptoverse, a platform offering subscribers both free and paid crypto video analysis. As a well-known crypto personality for his views and predictions, we decided to examine his approach and see if his content could be useful for you and your cryptocurrency trading.

A Quick Look at Benjamin Cowen’s Background

According to Benjamin Cowen’s LinkedIn, he’s got a Master’s in Nuclear Engineering and a PhD in Philosophy from the University of New Mexico. 

He was a Senior Member and Postdoctoral Researcher at Sandia National Laboratories, a leading science and engineering facility operated by the U.S. Department of Energy. 

Prior to that, he worked as a Research Assistant at the University of New Mexico and at NASA. 

In January 2020, Cowen founded Into the Cryptoverse and has been the platform’s CEO since then. 

The platform's YouTube channel was created on June 14, 2019. As of January 2025, it has around 857,000 subscribers. 

Besides YouTube, Cowen is active on other social media platforms too. He has a large group of followers on X, totaling over 939,000. 

Benjamin Cowen’s X account. Source: x.com

What Benjamin Cowen Focuses on in His Content? 

In his educational videos and social media posts, Cowen specializes in decoding metrics that influence crypto market prices.

He uses quantitative market analysis, relying on mathematical models, statistics, and computational tools to spot performance patterns and trends. The collected data can then be applied to make informed decisions.

In the description of his YouTube channel, Cowen states:

“I try and keep a level head with my discussions and provide you with information that is helpful to you as you research different coins.”

His methods aim to assist in assessing the true long-term potential of an asset beyond the day-to-day hype.

Different types of analysis offered by Benjamin Cowen. Source: intothecryptoverse.com 

What Are Logarithmic Regressions Cowen Uses in His Analysis?

At first, the concept might seem a bit complicated, but it becomes much easier once you get the hang of it.

Logarithmic regression helps track price growth over time. Unlike a straight line—which doesn’t work well for assets like Bitcoin that grow quickly—it uses a curve to account for exponential growth.

This tool smooths out wild short-term price swings, making it easier for traders and investors to identify key phases in the market cycle, such as accumulation and caution. During an accumulation phase, an asset’s price is relatively stable or undervalued, and long-term investors quietly build their positions.

Logarithmic regression highlights these phases by showing when prices are near the lower end of the trend, often signaling a good buying opportunity. Conversely, when prices are far above the regression curve, it could signal a speculative bubble fueled by hype and excitement.

In a logarithmic regression chart, colorful lines represent different price zones.

For example, in November 2024, Cowen shared a crypto market cap logarithmic regression trendline. It demonstrated how the crypto market cap has grown rapidly over time while reflecting its long-term growth trend.

Crypto Market Cap and Trendline analyzed from 2011 to possible mark in 2028. Source: x.com 

In the graph, the blue line represents the total market cap of cryptocurrencies at various points in time. The red line shows the fair value, capturing the market’s overall upward trend while smoothing out short-term fluctuations.

The green dashed lines (upper and lower bands) mark the boundaries for overvaluation and undervaluation compared to the fair value (red line). The upper band indicates when the market cap is significantly above fair value (overheated/overvalued), while the lower band highlights when it’s well below fair value (undervalued).

Putting it all together, the chart shows that the crypto market cap was around $3.031T at the time, compared to its fair value of $3.091T, reflecting an undervaluation of -1.94%.

The chart points to a bullish trend, suggesting that the total crypto market cap could continue growing through 2028.

Risk Analysis – the Flagship Metric by Benjamin Cowen 

As part of his analysis framework, Cowen uses a metric showing the relative risk of buying or holding a cryptocurrency at any given price. It assigns a number between 0 and 1, making it easy to see if an asset is in a low-risk accumulation zone (closer to 0) or a high-risk speculative zone (closer to 1).

This approach to risk evaluation is something Cowen developed and made popular. You can actually come across in the crypto space a lot of screenshots and visuals created by Cowen.

It’s a straightforward way to understand risks and build a smarter trading strategy. While Cowen keeps the exact formulas behind the metric a secret, he explains on his channel that its goal isn’t to predict price tops or bottoms. Instead, it’s designed to highlight what he calls “attractive buying or selling points in the longer term.”

To add another layer of insight, each risk metric is paired with a confidence parameter, ranging from 1 to 9, which indicates how reliable the prediction is.

For example, the Bitcoin Risk Metric looks like this:

BTC Risk Metric Chart published by Benjamin Cowen in November 2024. Source: x.com  

In the chart, blue dots show low-risk levels, light blue and yellow show moderate risk levels and red indicates high-risk levels. 

Benjamin Cowen’s Crypto Market Predictions for 2025 

In November 2024, Cowen posted on X that while Bitcoin dominance was high at the time, things could shift in 2025. As of January 10, Bitcoin dominance is sitting at 58%, according to CoinMarketCap.

This basically means Bitcoin makes up the largest portion of the crypto market. 

“You can see that BTC has stolen the show away from the alts once again. As I said, be open-minded to BTC dominance staying strong for a little bit longer, but I do think dominance will go down in 2025. But a lot can happen between now and 2025.”- Cowen noted. 

In another post, Cowen noted that the SOL/BTC pair is following a similar pattern to the ETH/BTC pair from years ago before its decline. According to the analyst, Solana (SOL) might experience a drop against Bitcoin, similar to what happened with Ethereum (ETH).

Ethereum initially saw a 500% rally, sparking debates about whether it could flip Bitcoin. However, the coin eventually hit lower highs. If Solana follows a similar trajectory, a drop wouldn’t rule out the possibility of SOL recovering, only to potentially fall again.

At the time of writing, SOL trades at around $187, down 28% from its all-time high of $267, which it reached on November 23, 2024.

Benjamin Cowen assumes Solana may fall in 2025. Source: X.com

Is Benjamin Cowen’s Premium Subscription Worth It?

Well, the answer depends on your personal preferences. The yearly cost of Into the Cryptoverse’s Pro plan is $999. For some, it might be more practical to follow Cowen’s content on social media or subscribe to the free plan, which includes logarithmic regression analysis and a weekly newsletter.

The Pro plan offers a crypto risk indicator dashboard, two weekly videos (market updates, AMAs, and special topics), private Telegram analysis, and access to over 300 charts and indicators.

For those who are new to macroeconomics or not actively trading, this might be a bit too much information. It’s also worth noting that online reviews from platforms like Reddit and GitHub show mixed opinions about Cowen’s analysis.

Some find it incredibly useful, while others feel their expectations weren’t met. For example, one user pointed out that although Cowen’s risk metric was 0.5, Bitcoin’s price dropped 33% on November 11, 2022. They felt the metric should have been higher.

On the other hand, many people praise Cowen for his accurate predictions, like the drop in Bitcoin dominance.

Cowen himself says that he always shares his honest thoughts about the market, and while sometimes he's right, other times he’s not.

At the end of the day, being right about the crypto market all the time is practically impossible. Cowen’s analysis offers direction and possible scenarios, but it’s up to you to decide how the content fits your needs.