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Bitcoin: A Path to the Bottom

Benjamin Cowen · · 23:19 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $62,9214-hour candle close · 24 Jun 2026, 12:00 UTC · BTC/USDT

On Bitcoin

No change since their last video.

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  • Next days (next 1–7 days): Leans down (timeframe is our reading): Bitcoin stays weak. Usually in the late June, sometimes that weakness will persist into early July. ▶ 14:23 The call was right: 62.9k when said, 58.6k on 1 Jul 2026 (−6.8%).
  • Next weeks (next 2–6 weeks): Leans up: And then we'll get a counter trend rally kind of in the back half of the summer. ▶ 14:38 Said again while their call of 5 Jun 2026 was open, so it counts once; that call was right: 60.4k when said, 62.7k on 5 Jul 2026 (+3.8%).
  • Next months (next 2–6 months): Leans down: And then that'll set up the final drop into the bottom in the fourth quarter of the year. ▶ 14:44 Said again while their call of 18 Mar 2026 was open, so it counts once; that call was right: 73.9k when said, 64.8k on 16 Jul 2026 (−12.4%).
  • This cycle (next 6–18 months): Leans up (timeframe is our reading): assuming everything else in the macroeconomy is holding up fine then that is where I would assume the market cycle bottom would be. ▶ 17:01 Said again while their call of 1 Feb 2026 was open, so it counts once; that call was open until 1 Feb 2027, against 78.9k when said.

Levels named

  • 50k: Target (Bitcoin is normally down about 45% from the yearly open at this point in midterm years): which would actually put Bitcoin a lot closer to 50K and maybe even slightly below. ▶ 04:32

Their own position: Not said.