meta_pixel
Tapesearch Logo
Log in
Bitcoin News Alerts | Daily BTC News

945: BITCOIN TO EXPLODE HIGHER THIS MONTH!! CRYPTO ANALYST SAYS 3 METRICS SUGGEST JUNE RALLY INCOMING!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 1 June 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

Popular crypto analyst Benjamin Cowen says three metrics indicate Bitcoin could see a price bounce in June. In a new strategy session, Cowen tells his 746,000 YouTube subscribers the first metric pointing to a BTC rally is a correcting US dollar currency index. “We know that the US dollar currency index, when it’s moving higher in a parabolic rally, we know Bitcoin goes down. We’ve seen this many times in the past. And furthermore, if we just simply pull it up, you can see that over the last several months, the dollar has been in a parabolic rally." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

In today's show, Bitcoin may hit $14,000 in 2022, but buying Bitcoin now is as good as it gets,

0:06.1

according to this crypto analyst, venture founder, quoting him here, 670 days until the next Bitcoin having,

0:12.1

we are on time to Bitcoin performance comparing to past cycles.

0:15.9

In the next 670 days, Bitcoin will capitulate in the next six months and hit a cycle bottom between

0:21.1

$14,000 and then chop around in 28,000 to 40,000 and most of 2023 and be at about 40,000

0:29.4

again by the next halving. And crypto analysts, me Calvin A pop shares here, as long as $31,000 holds,

0:35.5

I'm assuming 32,800 is next on Bitcoin, but actually think that

0:40.7

33,200 makes more sense, or at least that region for clear resistance to the price action of the

0:46.8

King Crypto. And Plan B updates us here. Bitcoin may close $31,762, which is the lowest monthly closed since December of 2020. And he also shares,

0:58.7

so did you buy the dip? Let me know if you did in the comments below. Also, this just in

1:02.4

breaking news. One at Panama's largest banks just became Bitcoin friendly, as well as more

1:07.9

breaking news just in. Russia is open to the use of Bitcoin and crypto for

1:12.2

international payments, according to their senior central bank official. That's right, a senior

1:17.2

official from the Central Bank of the Russian Federation said it's open to using Bitcoin and other

1:21.7

cryptocurrencies for international payments. Also in today's show, Bitcoin is on the verge of a

1:26.4

bullish rebound, according to this top

1:27.7

crypto analyst and shares his target, quoting Kevin Spence in here. Their markets make for fantastic

1:32.5

trading zones in both directions. You've got to be agnostic and unbiased. Relief rallies can be

1:37.4

powerful. We may be getting that now. We can hit targets like $37,000 and still dump again, but for

1:43.1

now, it's looking nice and green. Also in

1:45.7

today's show, Bitcoin to explode higher this month, crypto analyst Benjamin Cohen, says three metrics

1:50.6

suggest a June rally incoming. And one of those metrics is the US dollar currency index,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Bitcoin News Alerts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bitcoin News Alerts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.