SnapBenjamin CowenBenjamin Cowen

Bitcoin: The Window of Weakness

The video argues that Bitcoin is in a predictable "window of weakness" tied to midterm-year seasonality, with the weakness likely continuing into mid-to-late June. The speaker concludes that a June low is a plausible scenario (followed by a possible counter-trend rally in July) and recommends ignoring or fading Bitcoin during the first half of the midterm year while watching macro events like a potential Bank of Japan rate move.

Preview · 5 more points in the app

Read the Full Summary

Key Points

The current Bitcoin selloff has taken the price from about $83,000 to roughly $73,000 over the last few weeks.

Bitcoin was rejected at the 200-day moving average, the same level that produced resistance in 2022 and 2018.

The speaker identifies the entire midterm year as Bitcoin's primary window of weakness within the four-year cycle.

If prior cycles repeat, June is a candidate month for the next significant low, as seen in 2018 and 2022.

The Bank of Japan's likely rate move in mid-June is the main macro event to watch and could be linked to Bitcoin finding a low.

Historically, Bitcoin often finds a low in February and then another (sometimes higher) low around April.

Important Disclaimers

Not Investment Advice: For education only — not financial, tax or legal advice.

AI-Generated: Made by AI from source transcripts and may contain errors.

No Guarantees: Past performance does not predict future results; investing carries risk.

Our Commentary · Request Removal