Data Predicts Bitcoin’s Final Bottom | Ben Cowen

**Ran** (0:01)
If you're in Crypto right now, it's pretty obvious that you're having a tough time. This has been one of the most, the hardest bear markets that I've been a part of, and I've been around here for three or four complete cycles. And it's been so hard, not only because the Bitcoin price has been going down, but it's been hard because whilst the Bitcoin price has been going down, all the other markets have been running like crazy. And this is just a chart of the NASDAQ. But if you look at the Cospi and you look at all the other markets, you'll pretty much see the same thing. As complicated as this market's been though, there are a handful of people that have actually called it correctly. One of those people is Ben Cowen, and I've got him on the show here today with us. We're going to be discussing what's happened up until this point and what we can expect next. If you look at what Ben said, he basically said he was calling the markets, when the markets were going up, Ben was the guy that was telling everybody that the markets are going to come down. He was saying that this is just another midterm year and that Bitcoin is going to go up and flush everybody out, which is exactly, exactly, exactly what it did. And so now, and he got a lot of hate for it on Twitter, and we're going to talk about that with Ben as well. But now, let's understand what he thinks the rest of the year is going to look like. Let's understand where we're going from here so we can plan up portfolios correctly. So that's the show today. We've got Ben Cowen on the show. Again, you're watching the show on Crypto Insider, which is our new channel for much more institutional content. If you're not already subscribed to the channel, subscribe to the channel.
And if you are, just maybe smash the like button, it really helps us get distribution. All right, guys, I'm not going to waste any more time. I'm going to bring Ben straight on to the show.
Ben, how are you, my friend?

**Ben Cowen** (1:30)
I'm pretty well, how about you?

**Ran** (1:31)
I'm so good. Ben, you took a lot of... Before we get into charts, I want to talk about Twitter. And I want to talk about... I mean, you can actually call it abuse, what people did to you on Twitter. They were calling you names. It was typical, typical, like you can call it cancel culture. I'll show you just some of the things that I picked up here. So I picked up people like Mike Alfred, he said, Khan is a complete and utter fraud. He wasn't the only one.
There were many, many, many others that were calling you names on Twitter. And they were calling you names because you said the market was going to go down, and they said the market was going to go up at the point where Bitcoin was like here, like you at the top of the bear flag. That's where everyone was getting really, really upset with you.
I mean, how do you handle that? How are you feeling about that?

**Ben Cowen** (2:18)
Yeah, it's hard, but to Mike's credit, he did retract the statement. So respect for that, because a lot of people aren't willing to do that.
Yeah, it's difficult, but also after it happens for so many years, like I'm sure, like where anyone who talks about crypto, eventually you start to just develop thicker skin if you don't have it intrinsically. Like I would say that when I started my channel, I did not intrinsically have very thick skin. I really cared what people thought about me. But then after many years of being called a moron, eventually you just kind of stop caring. Right? So, I mean, it's a little hard because, you know, but I do a much better job these days of kind of tuning it out and ignoring it. Because what I've realized is that even when I am right, a lot of the people that say that I was wrong won't then admit that they were wrong. They'll just then figure out something else that I think I'm wrong about and start talking about that. So, I think it's a normal thing. I mean, there's no way you're going to talk about markets and not have some haters.
But yeah, I mean, I think you just have to have thicker skin and get through it.

**Ran** (3:24)
And the irony is that they called you out, but you were 100% right when we got to this point here. I think you tweeted and you came out and said, the market's going to get everyone to believe that this time is different and it's going to flush everybody out. And that's exactly what happened, right?