“The next major support for bitcoin is $30k,” the poster predicted to over 430,000 X-formerly-Twitter followers over the weekend. “Unfortunately.”The next major support for bitcoin is $30kUnfortunately. “I do think Bitcoin is in fact in a bear market,” Cowen said in a video uploaded to his YouTube channel. “In terms of cycle length, the length of this cycle was literally the same length as the past two cycles,” he cautioned. More on crypto: Bitcoin Crashing Is Actually Awesome News for Regular People, Economist Says