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Bitcoin: The Dangers of Complacency

Benjamin Cowen · · 16:00 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $67,3614-hour candle close · 5 Apr 2026, 20:00 UTC · BTC/USDT

On Bitcoin

No change since their last video.

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  • Next months (next 2–6 months): Leans down: right? On average, the next few months will likely be weak with a couple of countertrend rallies. ▶ 15:07 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): Uh ultimately, it should all resolve downward eventually. ▶ 12:44 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%).

If this, then that

  • If a crisis, for example related to oil spiking, then no target given (next months): If there is a crisis, then things could be accelerated in terms of the bear market. ▶ 15:21

Levels named

  • 79k: Resistance (Bitcoin was rejected by the bear market resistance band, which is now around $79,000 and still falling): Bitcoin got rejected by the bear market resistance band. Now, the bear market resistance band now is currently at around $79,000 ▶ 02:55

Their own position: Not said.