cryptoMarket Discussion with Benjamin Cowen, Gareth Soloway, Scott Melker, and Mike McGlone
Benjamin Cowen · · 34:51 · Watch on YouTube
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BTC near publication: $67,0504-hour candle close · 19 Feb 2026, 20:00 UTC · BTC/USDT
On Bitcoin
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- Next weeks (next 2–6 weeks): Leans up:
And what you'll notice is that kind of going into early March is where there's often a little bit of a bounce.
▶ 02:25 Said again while their call of 13 Feb 2026 was open, so it counts once; that call was right: 68.7k when said, 71.5k on 15 Mar 2026 (+4.1%). - Next months (next 2–6 months): Leans down:
So that seems kind of like a a reasonable target that will probably get hit going into the summer.
▶ 04:14 Said again while their call of 17 Nov 2025 was open, so it counts once; that call was right: 94.3k when said, 74.9k on 17 Mar 2026 (−20.6%).
If this, then that
- If Bitcoin trading below the realized price and balance price later this year, then no target given (next months, by later this year):
if we at some point later this year, if Bitcoin is trading below these prices, that's usually a really good spot for it to think about turning around.
▶ 04:38
Levels named
- 55k: Target (Realized price; Bitcoin has historically bottomed after going below the realized and balance prices):
The the realized price on Bitcoin right now is about 55K.
▶ 04:09 - 40k: Target (Balance price is the lower on-chain level where past bear markets have bottomed):
more of the lower level of the realized price, that's around or sorry, the balance price, that's around 40K.
▶ 04:21
Their own position: Not said.