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Stocks Hit New Highs

Benjamin Cowen · · 20:32 · Watch on YouTube

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BTC near publication: $64,2334-hour candle close · 4 Aug 2026, 20:00 UTC · BTC/USDT

On Bitcoin

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  • Next months (next 2–6 months): Leans down (timeframe is our reading): Sometime in September getting that correction that then ushers in what I would consider to be the market cycle bottom for Bitcoin. ▶ 09:11 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 S&P 500 corrects all the way back down to 6,000, then no target given (next months): If it did, that would very likely cause Bitcoin to lose that support that it has at at 60k. ▶ 16:06

Levels named

  • 60k: Support (a deep S&P 500 correction toward 6,000 would likely cause Bitcoin to lose it): If it did, that would very likely cause Bitcoin to lose that support that it has at at 60k. ▶ 16:06

Their own position: Not said.

Dates named

  • Next Fed meeting (rate hike or hold) on 16 Sep 2026: Coincidentally, or maybe not coincidentally, the next Fed meeting is September 16th.