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Bitcoin: Dubious Speculation

Benjamin Cowen · · 24:16 · Watch on YouTube

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BTC near publication: $81,4204-hour candle close · 14 May 2026, 20:00 UTC · BTC/USDT

On Bitcoin

No change since their last video.

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  • Next weeks (next 2–6 weeks): Leans up: if it doesn't start going down soon, then I think you you sort of defer to the idea of it going up into that month, ▶ 12:32 Said again while their call of 5 May 2026 was open, so it counts once; that call was wrong: 81.5k when said, 63.9k on 4 Jun 2026 (−21.6%).
  • Next months (next 2–6 months): Leans down: it it would seem to me like the most likely outcome is that it will likely go down into Q4. ▶ 15:01 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 Bitcoin goes past the 200-day moving average, then 85k (next weeks): If Bitcoin goes past the 200-day moving average, then I think you look towards 85k. ▶ 23:51

Levels named

  • 85k: Resistance (0.382 fib retracement from the high, where prior bear-market rallies stalled): that 0.382 might come into play, which is right around 85. Right? It's right around 85K. ▶ 08:54
  • 80k: Target (countertrend rallies in prior bear markets like 2019): I've said for a long time, you could easily see Bitcoin back at 80k. Could go even higher. ▶ 14:34

Their own position: Holding. That doesn't mean I don't own Bitcoin, I still do own some, not nearly as much as I did in the bull market.