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Bitcoin: Realist Vs. Doomer

Benjamin Cowen · · 33:36 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $70,7414-hour candle close · 13 Apr 2026, 00:00 UTC · BTC/USDT

On Bitcoin

No change since their last video.

Views

  • Next months (next 2–6 months): Expects down: I feel like there's plenty of evidence to suggest that Bitcoin will eventually go lower this year. ▶ 29:58 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%).
  • This cycle (next 6–18 months): Leans down (timeframe is our reading): Bitcoin entered into a bear market back then and is likely still in one even if we do go up a little bit more ▶ 02:02 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was right: 123.5k when said, 85.8k on 6 Oct 2026 (−30.5%).

Levels named

  • 54k: Target (major lows occurred after price went below the realized price): the realized price for Bitcoin is around 54k, but the balance price is around 39k. ▶ 28:21
  • 42k: Target (a 65% drop from the highs, in line with prior bear markets): a 65% drop from the highs puts you around 42,000. ▶ 03:45
  • 39k: Target (Bitcoin has always bottomed below the balance price): the realized price for Bitcoin is around 54k, but the balance price is around 39k. ▶ 28:21
  • 30–31k: Target (a 75% drop from the highs, in line with prior bear markets): a 75% drop would put you at a at around 30 31,000 or so. So, 30 31K, something like that. ▶ 03:50

Their own position: Not said.