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Crypto Damage Report

Benjamin Cowen · · 54:33 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $112,3004-hour candle close · 11 Oct 2025, 04:00 UTC · BTC/USDT

ETH near publication: $3,7924-hour candle close · 11 Oct 2025, 04:00 UTC · ETH/USDT

On Bitcoin

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

Views

  • This cycle (next 6–18 months): Expects down: I fully expect, and I will say this again, from the high in Q4, whatever the high ends up being, to the low in 2026, Bitcoin will likely drop 70%. ▶ 05:36 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 Bitcoin gets weekly closes below the 50-week moving average (101K), which would confirm the cycle top is in and the bear market is underway, then no target given (this cycle): Weekly closes below the 50week moving average. Right. Where is the 50WE moving average? 101K. ▶ 20:52

Levels named

  • 101k: Their view is wrong past this (Weekly closes below the 50-week MA have always confirmed the cycle top in prior cycles): Weekly closes below the 50week moving average. Right. Where is the 50WE moving average? 101K. ▶ 20:52
  • 100k: Support (Below 100K on weekly closes means trouble for Bitcoin): I would say below 100K, we're in trouble for Bitcoin. ▶ 43:26

Their own position: Holding. for basically the entire cycle, my crypto portfolio was just only Bitcoin

On Ethereum

Changed since their last video: months went from leaning up to expecting up.

Views

  • Next months (next 2–6 months): Expects up: Ethereum is going to go to new all-time high, it it's got to be in the next two to three months. Otherwise, that's it, right? ▶ 17:58 Said again while their call of 7 Oct 2025 was open, so it counts once; that call was wrong: 4.51k when said, 2.15k on 4 Feb 2026 (−52.3%).
  • This cycle (next 6–18 months): Leans down: That would be my base case is that next year we get a big crash in crypto. ▶ 17:11 Said again while their call of 7 Oct 2025 was open, so it counts once; that call was right: 4.51k when said, 2.57k on 7 Oct 2026 (−43.0%).

Their own position: Bought. I did accumulate. I I I did quote unquote buy the dip today.