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Benjamin Cowen (Into the Cryptoverse)
Claim author · 📅 05.06.2026 · Bitcoin Falls to the 200W Moving Average
~ Partially

Bitcoin: June Lows, Not Necessarily Bottom

"I would expect Bitcoin to set a low in June. I would. That is a a likely month for a low. But, if it's only around 60K plus or minus a few thousand, like let's say it's, you know, somewhere between where the current where it's already bottomed maybe like 57K or 58K, then the jury is still going to be out on whether that's actually the low or not because even in 2018, you still had a Q4 capitulation."

ℹ️ In shortThe author expects Bitcoin to set a low in June, but if it's around 60K, it might not be the final bottom, considering historical Q4 capitulations.

Partially. Benjamin Cowen predicted that Bitcoin would set a low in June 2026, around $60K plus or minus a few thousand (e.g., $57K-$58K). Market data indicates that Bitcoin indeed experienced lows in June 2026, reaching approximately $59,13...
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Verification ✦ Analysis generated with AI Pro
Methodology Benjamin Cowen predicted that Bitcoin would set a low in June 2026, around $60K plus or minus a few thousand (e.g., $57K-$58K). Market data indicates that Bitcoin indeed experienced lows in June 2026, reaching approximately $59,130 and $61,500. These values fall within the predicted range. The second part of the claim, regarding whether this is the ultimate low and the potential for a Q4 capitulation, is a longer-term forecast and cannot be resolved by the end of June 2026. Therefore, the first part of the forecast is confirmed, while the second remains unresolved.
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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

And if we sweep that low, then you could argue that the bear market did in fact continue, and that it was a mistake for, you know, people to think that the bear market was over. At this point, we're still above the 200-week moving average. Um but, we still are in that window of weakness for Bitcoin in the month of June. I would expect Bitcoin to set a low in June. I would. That is a a likely month for a low. But, if it's only around 60K plus or minus a few thousand, like let's say it's, you know, somewhere between where the current where it's already bottomed maybe like 57K or 58K, then the jury is still going to be out on whether that's actually the low or not because even in 2018, you still had a Q4 capitulation. And in 2022, you still had a Q4 capitulation. Now, one thing to notice though is that the capitulations, you know, in Q4 weren't as bad if you kind of plot it out like, you know, one to the other. So, maybe this one won't be as bad, but I also, you know, can't ignore the fact that we did go below the 200-week moving average last cycle. And so, it

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