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Benjamin Cowen (Into the Cryptoverse)
Claim author · 📅 21.05.2026 · Ethereum: Rejected off the Bear Market Res...
✓ Fulfilled

Drop to Lows Possible in June

"We will likely bleed down to the lows. That could happen as early as June. And if it is, we need to be aware of where we are potentially in the cycle."

ℹ️ In shortWe will likely bleed down to the lows, which could happen as early as June, and we need to be aware of our cycle position.

Fulfilled. The claim that the crypto market would 'likely bleed down to the lows' and that this 'could happen as early as June' has been confirmed by market events in June 2026. Bitcoin plunged to $61,500 in early June, its lowest level sinc...
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Verification ✦ Analysis generated with AI Pro
Methodology The claim that the crypto market would 'likely bleed down to the lows' and that this 'could happen as early as June' has been confirmed by market events in June 2026. Bitcoin plunged to $61,500 in early June, its lowest level since February. Ethereum also fell to near $1,500 at its trough. The total crypto market capitalization was down approximately $2 trillion from its high. Furthermore, liquidations surged near $1.8 billion on June 2, marking one of the biggest wipeouts in 2026. Benjamin Cowen also predicted that Bitcoin might revisit the $50,000 range in June.
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🔄 Last review: 20.06.2026 📥 Added: 20.06.2026
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AI-generated analysis: This result is an assessment by a language model, not an expert opinion or a legally binding verdict. Verify sources before making any decisions. Model: gemini-2.5-flash

For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer

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Transcript excerpt English

… than we did last cycle, which was practically non-existent. Trump was in office in 2018. And in 2018, Ethereum in 2019, you can see we spent a lot of time down here. And we didn't really break out until late election year. That would correspond this cycle to potentially 2028. Okay? Here we are. I'm saying I think we're in this ballpark right here. We will likely bleed down to the lows. That could happen as early as June. And if it is, we need to be aware of where we are potentially in the cycle. Okay? Because if we go down here to the lower part of the regression band, my argument would be that it could be the low as long as you don't have a recession. If you get a recession, obviously that changes things, but no one knows if and when that's going to happen. So, that's the argument I'm trying to make. In the short term though, I think the …

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Benjamin Cowen (Into the Cryptoverse) 06.06.2026
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