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Bitcoin: The Bulls Vs. The Bears

Benjamin Cowen · · 57:38 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $91,6794-hour candle close · 17 Nov 2025, 20:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: weeks flipped up to down; months flipped down to up.

Views

  • Next days (next 1–7 days): Waiting on a level: term, if Bitcoin can get back above the 50we moving average, then I will we'll look at the potential upside. ▶ 56:31
  • Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): possible that we just kind of go down into December, we we we get an end to QT, then Bitcoin maybe gets a little bit of a bounce into early 2026 ▶ 39:08 The call was right: 91.7k when said, 86k on 17 Dec 2025 (−6.2%).
  • Next months (next 2–6 months): Leans up: nice multi-month bounce back up to at least the 200 day moving average within the next two to three months would be kind of probably the baseline expectation ▶ 39:55 Said again while their call of 7 Oct 2025 was open, so it counts once; that call was wrong: 121.8k when said, 74.1k on 4 Feb 2026 (−39.2%).
  • This cycle (next 6–18 months): Leans down (timeframe is our reading): Regardless of what happens for the rest of this year, I do think that Bitcoin will have its date with destiny at the 200E moving average in 2026. ▶ 57:02 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%).

If this, then that

  • If another weekly close below the 50-week moving average, then no target given (this cycle): if we get another weekly close below the 50week moving average, the odds start to mount that the top is in. ▶ 33:36

Levels named

  • 100–103k: Resistance (reclaiming this area this week would leave some flexibility for the bulls): Bitcoin can rally this week back above 100K or 103K, it leaves it leaves a little bit of flexibility. ▶ 33:26
  • 60–70k: Target (200-week moving average is where Bitcoin tends to go in midterm years): And my guess is that date with destiny will be somewhere between 60 and 70K. ▶ 57:08
  • 40k: Target (extrapolating shrinking bear market drawdowns gives about a 70% drop): a 70% draw down from the high would put Bitcoin basically right around 40k around 40k. ▶ 21:53

Their own position: Not said.

Dates named

  • Fed December rate cut decision, roughly a coin flip, undated: right now it's more or less a coin flip as to whether they cut in December or not.