cryptoBitcoin: The Cost Basis of the Network
Benjamin Cowen · · Watch on YouTube
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BTC near publication: $61,5114-hour candle close · 11 Jun 2026, 00:00 UTC · BTC/USDT
On Bitcoin
No change since their last video.
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- Next months (next 2–6 months): Leans down (timeframe is our reading):
we're we're in June, we're getting close to that second half of the midterm year, we have to be aware that this is a a possible outcome.
▶ 02:15 Said again while their call of 18 Mar 2026 was open, so it counts once; that call was right: 73.9k when said, 64.8k on 16 Jul 2026 (−12.4%).
Levels named
- 60k: Support (Some more optimistic models say 60k is the low; the speaker does not endorse them):
there's a lot of models that would say that 60k is the low, and and that we won't go lower
▶ 03:29 - 53–54k: Target (Realized price; Bitcoin has historically dipped below it near the end of bear markets):
And right now, the realized price is around 53 to 54k.
▶ 01:50
Their own position: Not said.