“I’m Selling Everything!” Why Ben Cowen Is Cashing Out Of Crypto

On Bitcoin

Guest Ben Cowen · not counted as Altcoin Daily's view.

Views

• Next weeks (next 2–6 weeks): Leans up: There's still a chance that Bitcoin could could rally up into a new all-time high in into December, right? ▶ 16:41
• Next months (next 2–6 months): Leans down: my guess is that 2026, especially the first half of 2026, ends up being a bearish time for for crypto. ▶ 18:27
• This cycle (next 6–18 months): Leans down (timeframe is our reading): I think the top will be in the fourth quarter for Bitcoin. ▶ 19:27

If this, then that

• If weekly closes below the 50-week moving average (a little over 100K), then no target given (this cycle): if you start getting like a weekly closes below 100K, the cycle's probably over at at whatever point that happens. ▶ 17:47

Levels named

• 140–150k: Target (possible last push if the top is not already in): maybe we can go to like 140K or something, 150, who knows? ▶ 27:36
• 100k: Support (50-week moving average has been support every time Bitcoin got close to it; weekly closes below it have marked the end of prior cycles): the 50week moving average is around it's a little over 100K. ▶ 17:42

Their own position: Holding. one of the things that I always do is I always hold some Bitcoin. even in the midterm years, even if I'm convinced we're in a bare market,

On Ethereum

Guest Ben Cowen · not counted as Altcoin Daily's view.

Views

• Next months (next 2–6 months): Leans up (timeframe is our reading): my base case for Ethereum is that you get one more rally to an all-time high that kind of like ends the market cycle. ▶ 29:49
• This cycle (next 6–18 months): Leans down: regardless of where where the top is, whether it's 5K, 6K, or 7K, I think it's going to drop a lot in 2026. ▶ 30:41

Levels named

• 6–7k: Target (best-case top for the final rally): you could see Ethereum going up to like 6 or 7,000. ▶ 30:37
• 5.3k: Target (conservative target for the final rally before the cycle ends): I would assume that, you know, 5,300 is possible as sort of like a conservative target ▶ 30:29

Their own position: Not said.

Dates named

• Jerome Powell replaced by a more dovish Fed chair, undated: Maybe by the time Jerome Pal gets replaced with someone more doubbish, maybe maybe things will change