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Bitcoin Golden Cross

Benjamin Cowen · · 09:36 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $78,9044-hour candle close · 8 Sep 2026, 16:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: weeks moved waiting to down; months moved down to waiting; cycle moved down to waiting.

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  • Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): you you you rally, you set the golden cross, Bitcoin then dumps 10 to 15% approximately, ▶ 05:07 Said again while their call of 16 Aug 2026 was open, so it counts once; that call was wrong: 63.1k when said, 76.9k on 15 Sep 2026 (+22.0%).
  • Next months (next 2–6 months): Waiting on a level (timeframe is our reading): And if that resolves to a lower high over that week or two, then you're much more likely looking at a at a drop into Q4. ▶ 06:35
  • This cycle (next 6–18 months): Waiting on a level (timeframe is our reading): if Bitcoin drops here and then rallies back up to the 50-week moving average and breaks through it and sets a higher high, then you have a strong case that the bear market low is in. ▶ 08:13

If this, then that

  • If The rally after the golden cross dump resolves to a lower high, rejected at the 50-week moving average, then no target given (next months, by into Q4): And if that resolves to a lower high over that week or two, then you're much more likely looking at a at a drop into Q4. ▶ 06:35
  • If Bitcoin rallies back to the 50-week moving average, breaks through it and sets a higher high, then no target given (this cycle): if Bitcoin drops here and then rallies back up to the 50-week moving average and breaks through it and sets a higher high, then you have a strong case that the bear market low is in. ▶ 08:13

Levels named

  • 72k: Target (A 12% drop, as in the 2023 golden cross, would reach about 72,000): A 12% drop would get you back closer on 72,000. ▶ 01:56
  • 70k: Target (A 14 to 15% drop, as in the 2019 golden cross, would reach about 70,000): which is what Bitcoin did in 2019, would put it right around $70,000. ▶ 02:43

Their own position: Not said.