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Understanding This Bitcoin Bear Market

Benjamin Cowen · · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $62,3354-hour candle close · 14 Jul 2026, 00:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: weeks flipped up to down.

Views

  • Next days (next 1–7 days): Leans down: a lot of times going into mid July there's a brief drop before it bounces again. ▶ 05:39 The call was wrong: 62.3k when said, 65.3k on 21 Jul 2026 (+4.7%).
  • Next weeks (next 2–6 weeks): Leans down: But by late July, early August, you know, there's a good chance Bitcoin just gives these gains right back, whatever gains end up happening. ▶ 05:43 The call was a draw: 62.3k when said, 63.5k on 13 Aug 2026 (+1.8%), under the 2.5% it takes to count.
  • Next months (next 2–6 months): Leans down: I would think it would occur sooner than that. Maybe like late September, early October seems about right. ▶ 07:36 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): Like, I think Bitcoin will come back, but it's going through what we call timebased ▶ 15:06 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.

Their own position: Not said.

Dates named

  • CPI report, undated: put in a higher low in mid July around the CPI report, bounce again, but then give it all back by by August