Benjamin Cowen|02. Juni
Bitcoin: A Date with Destiny
🚀 Bitcoin's Date with Destiny
- The crypto analyst predicts Bitcoin is about to test a major support level: the 200-week moving average (200-WMA).
- He calls this recurring event a "Date with Destiny," occurring every few years.
📅 Timeline
- He expects the bottom to occur mid-June, based on historical patterns from 2018 and 2022.
- In those years, Bitcoin fell below the 200-WMA in June, then rallied in July.
- After the July rally, volatility died down until a final drop in the fourth quarter.
🔍 Historical Parallels
- 2018: Low in June around $6,000 after sweeping the February low.
- 2022: Low in June, with a July recovery and a final low in November.
- Current (2025/2026): Pattern repeats, but on a 10x higher level (February low at $60,000, May high, June low expected).
⚠️ Possible Scenarios
- Bitcoin could drop to the 200-WMA, wick below it, and take out the February low.
- A July recovery could follow, after which volatility fades.
- Alternatively, it could form a higher low (not necessarily a lower low).
💡 Key Takeaways for Investors
- Be prepared: The "date" (bottom) is imminent – likely mid-June.
- Don't panic: Historically, this process has been part of the cycle.
- Watch the 200-WMA: It is the crucial support zone.
- After the June low, a summer rally may occur, but the final bottom might not come until autumn.
Analyst's quote: "Our date with destiny is coming up – get ready!"
