Bitcoin Sweeps The February 2026 Low
Benjamin Cowen · · 21:53 · Watch on YouTube
As of . Updated hourly as new videos are read.
BTC near publication: $60,6874-hour candle close · 6 Jun 2026, 04:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: weeks flipped up to down.
Views
- Next weeks (next 2–6 weeks): Leans down:
what it shows you is that while we are at the average right now, later in the month, the average would be a little bit lower.
▶ 14:38 Said again while their call of 19 May 2026 was open, so it counts once; that call was right: 77k when said, 64.5k on 18 Jun 2026 (−16.2%). - Next months (next 2–6 months): Leans down:
I would argue that there is a high likelihood that the October low would be lower than the June low.
▶ 10:45 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%).
If this, then that
- If If 60k holds, then no target given (next months):
If 60k holds, then Q4 lower low.
▶ 17:52 - If If we go sub 60k, like down into the low 50s, then no target given (next months):
And if we go sub 60k, like down into the low 50s, then you could still have a lower low in Q4.
▶ 18:03 - If If we capitulate like 2020, then no target given (next months):
If we capitulate like 2020, then Q4 would likely be a higher low.
▶ 18:11
Levels named
- 60k: Support (February low found support here; too early to know if the June low holds):
In 2026, so far we have found support at 60K in February, but it's too early in June to know if this will be support or not.
▶ 07:21 - 53–54k: Target (Bitcoin has historically gone below the realized price in bear markets):
And right now, the realized price for Bitcoin is around 53 to 54k.
▶ 18:44 - 50k: Target (average of prior midterm years is about 45% below the yearly open by mid-June):
45% down from the yearly open, you know, kind of puts you around that around that 50k level.
▶ 15:21
Their own position: Not said.