Bitcoin: Dubious Speculation
Benjamin Cowen · · 37:16 · Watch on YouTube
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BTC near publication: $74,5114-hour candle close · 21 Aug 2026, 04:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: weeks moved down to waiting; months flipped up to down.
Views
- Next weeks (next 2–6 weeks): Waiting on a level:
What's important is what happens over the next say two weeks. And if Bitcoin is still holding above the 200 day moving average in say a couple more weeks,
▶ 36:33 - Next months (next 2–6 months): Leans down:
a similar type of move and you just simply get one final sell-off into Q4, the midterm year, bare market, four-year cycle completes
▶ 26:13 Said again while their call of 24 Jul 2026 was open, so it counts once; that call was open until 21 Nov 2026, against 65.1k when said.
If this, then that
- If Bitcoin keeps holding above the 200 day moving average over the next couple of weeks, then no target given (this cycle, by in say a couple more weeks):
if Bitcoin is still holding above the 200 day moving average in say a couple more weeks, then I would argue at that point the odds really start to go up
▶ 36:35 - If No Q4 drop happens by the end of the year, then no target given (this cycle, by by the end of the year):
if by the end of the year it it nothing like that happens, life goes on and I will I will flip bullish and I won't care
▶ 32:50
Levels named
- 60k: Support (2018 kept finding support near 6,000 and this cycle has found it near 60,000):
we kept finding support around 6,000 around 6,000 just like this time it was been it's been around 60,000
▶ 11:20
Their own position: Bought. I've already got a little bit of Bitcoin from when we went below it in July, when we went below.3 risk in July, in early July.
Dates named
- Jackson Hole speech by Kevin Walsh on 22 Aug 2026:
Maybe it happens tomorrow uh with the Jackson Hole speech by, you know, by Kevin Walsh.
- Clarity Act push, undated:
Bitcoin surges 12% in two days as Trump crypto execs lead last ditch effort for the Clarity Act.