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Bitcoin Down 50% From The Highs

Benjamin Cowen · · 37:10 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $65,2664-hour candle close · 5 Feb 2026, 20:00 UTC · BTC/USDT

ETH near publication: $1,9294-hour candle close · 5 Feb 2026, 20:00 UTC · ETH/USDT

On Bitcoin

Changed since their last video: months went from expecting down to leaning down; cycle went from expecting down to leaning down.

Views

  • Next months (next 2–6 months): Leans down: my guess is that the low occurs sometime between May and October. I have a slight preference for October over May, ▶ 22:12 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%).
  • This cycle (next 6–18 months): Leans down (timeframe is our reading): But I do think it will result in a macro lower high whenever it happens. ▶ 06:59 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 May turns out to be the bottom, then no target given (next months): My guess is that if if May is the bottom, then you you will have a rally before then, right? ▶ 26:39

Levels named

  • 58k: Target (in bear markets Bitcoin eventually goes to the 200-week moving average): The 200E moving average is now at 50 uh what is it at? 58,000. ▶ 04:01

Their own position: Not said.

On Ethereum

No change since their last video.

Views

  • Next months (next 2–6 months): Leans down (timeframe is our reading): this low down here, right, these lows down here, they're they're probably going to be tested at some point would be my guess. ▶ 19:54 Said again while their call of 26 Jan 2026 was open, so it counts once; that call was right: 2.82k when said, 2.11k on 26 May 2026 (−25.0%).

Their own position: Not said.