cryptoBitcoin: Bull Case Vs. Bear Case
Benjamin Cowen · · 1:18:29 · Watch on YouTube
As of . Updated hourly as new videos are read.
BTC near publication: $78,5974-hour candle close · 9 Sep 2026, 16:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: months moved waiting to down.
Views
- Next months (next 2–6 months): Leans down (timeframe is our reading):
right like it still could happen um there could still be a lot a drop into Q4 we don't know yet
▶ 27:11 Said again while their call of 24 Jul 2026 was open, so it counts once; that call was open until 21 Nov 2026, against 65.1k when said.
Levels named
- 80.4k: Resistance (Weekly close needs to get clearly above the 50-week moving average to confirm the bull case):
let's see, it was at 80,361 and we closed at 80,360
▶ 1:05:00 - 60k: Support (A drop to 60K could print a higher low before moving up):
come back down to like 60K, print a higher low, and go up, I could be perfectly fine with that.
▶ 35:54 - 53k: Support (Prior bear markets bottomed below the realized price):
Where is the realized price? It's at 53K.
▶ 40:33 - 37–38k: Support (Bitcoin has historically gone below the balance price in bear markets):
The balance price is currently at around 37 to 38K.
▶ 41:13
Their own position: Bought. Like I bought some in early July when I said I was.
Dates named
- Anthropic IPO drawing attention away from crypto, undated:
We now have the anthropic IPO coming up probably in a month or two.
- Likely rate hike strengthening the dollar, undated:
we're likely going to have a rate hike and that will likely make the dollar stronger.