Benjamin Cowen
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The Labor Market and Bitcoin
Benjamin Cowen· 2025-10-03 13:29
Labor Market Analysis - The US government shutdown has resulted in the BLS not releasing labor market data, including the unemployment rate which was expected to be around 43% [1][2] - The Chicago Fed estimates the unemployment rate for September to be 434%, slightly higher than the previous month's 432%, indicating a potential softening in the labor market [2][3][4] - Job openings saw a slight increase from 721 million to 723 million, remaining relatively steady over the past year [7] - Job quits have dropped back down to cycle lows of 19%, suggesting people are less willing to leave their jobs due to fear of not finding new employment [9] - Layoffs remain relatively low, at pre-pandemic levels, which may be contributing to the continued rise of risk assets [10] - Initial claims data was not released this week, but the previous spike to 264000 has since receded [11] - Job postings on Indeed continue to slowly decline [14] - Non-farm private payroll employment from ADP shows negative revisions, with the last month revised to -3000 and this past month at -32000, indicating a potential slowdown [20] - Construction employment is slowing down, with the year-over-year change starting to decrease, though not yet negative [26] Bitcoin Market Analysis - Bitcoin's current market cycle shows similarities to post-election years like 2013, 2017, and 2021, with a high in August, a low in late September/early October, and a potential rally into a market cycle top [30][31] - The current cycle also resembles 2020, with a Q1/Q2 capitulation low, sideways movement before the 21-week EMA catches up, and a potential Q4 rally [33] - The 50-week moving average is now at $100000, and a weekly close below this level could signal the end of the cycle [35][36]
Bitcoin: The Beauty of Mathematics (Part 63)
Benjamin Cowen· 2025-10-02 14:00
Hey everyone, thanks for jumping back into the cryptoverse. Today we're going to talk about Bitcoin, the beauty of mathematics, part 63. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. Also, I am going to Bitcoin Amsterdam next month. So, it'll be my first time going to one of the Bitcoin conferences, not in the United States.So, I hope to see a lot of you guys there. I ...
The US Government Shutdown
Benjamin Cowen· 2025-10-01 13:25
Hey everyone and thanks for jumping back into the shutdown verse. Today we're going to talk about the US government shutdown and how it has historically affected financial markets including Bitcoin, gold, and the S&P 500. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and check out the sale on Into the Cryptoverse Premium at into the cryptoverse.com. Well, starting today, the US government has entered into another shutdown where a lot of workers are in fact ...
Bitcoin Dominance: The Final Rotation is About To Begin
Benjamin Cowen· 2025-09-29 23:55
Market Trend Analysis - Bitcoin dominance is currently around 58% [1] - The final rotation back into Bitcoin for this market cycle is likely about to start, with a potential low of around 57.17% [3] - Historically, October is the best month for Bitcoin dominance [4][8] - A surge in Bitcoin dominance is expected in Q4 before altcoins outperform [7] Dominance Prediction - Bitcoin dominance could potentially rally by 10% from current levels, aligning with one standard deviation of typical October performance [9] - Bitcoin dominance is expected to rise, potentially reaching back near previous highs [10] - Bitcoin dominance should increase to above 60% [16][26] Investment Strategy - It would be prudent to assume that liquidity will flow back to Bitcoin in late September and throughout October [19] - Remaining bullish on Bitcoin dominance is advised for at least the next five weeks [19] - Liquidity should flow back to Bitcoin, with altcoins likely to lag behind [16][23][25]
Bitcoin: Bull Market Support Band
Benjamin Cowen· 2025-09-29 01:44
Market Analysis and Comparison - The analysis draws parallels between the current market behavior and that of 2020, particularly noting similarities in capitulation patterns [2][3] - The report also compares the current market to 2019, highlighting the gold breakout and subsequent consolidation phases as analogous to Bitcoin's movements [3][4] - A key observation is the resemblance between the market's reaction to gold breakouts in both 2019 and the present, with both instances leading to brief market corrections for Bitcoin [8][9] - The analysis suggests that while comparisons to past cycles are useful, it's crucial to consider that the cycle top may occur in Q4, aligning with historical patterns from 2013, 2017, and 2021 [12] Technical Indicators and Support Levels - Bitcoin has historically found support at the bull market support band, as seen in 2017 and 2021 [15] - The 20-week EMA (Exponential Moving Average) has served as a key level, with Bitcoin testing it in late August and early September [17] - The analysis suggests monitoring a trend line and the 50-week moving average; weekly closes below these levels could signal the end of the current cycle [26] Short-Term Market Outlook - The report notes a two-week rally followed by a two-week decline, and suggests that Bitcoin might need another week to consolidate before potentially moving upwards [18][20][27] - Ethereum is expected to potentially reach new all-time highs, but its movement is contingent on Bitcoin's performance; Ethereum could either tag its 21-week moving average or move sideways until the EMA catches up [22][23] Risk Management - The analysis advises against complacency as the market approaches Q4, urging investors to recognize historical patterns [24]
Silver Approaches All Time Highs
Benjamin Cowen· 2025-09-27 03:50
Hey everyone, and thanks for jumping back into the metaverse. Today we're going to talk about silver that is rapidly approaching all-time highs. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. Let's go ahead and jump in. So, we did a video on this a few weeks ago.I think we caught it like silver eyes all-time highs or something like that back when it was at 40, but now i ...
Bitcoin: Wake Me Up When September Ends
Benjamin Cowen· 2025-09-25 17:02
Hey everyone and thanks for jumping back into the cryptoverse. Today we're going to talk about Bitcoin. Wake me up when September ends.If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse. com. Is time for our annual video of wake me up when September ends.the general idea that a lot of times Bitcoin goes through these periods in the month of September where it doesn't really move ...
NFA Live! Bitcoin in 2025
Benjamin Cowen· 2025-09-25 12:37
Let's talk about #Bitcoin in 2025! Subscribe to Guy: https://www.youtube.com/@morecoinbureau Subscribe to Rob: https://www.youtube.com/@DigitalAssetNews ...
S&P 500 Outlook
Benjamin Cowen· 2025-09-24 18:56
Market Analysis & Predictions - The S&P 500 has rallied approximately 39% from its April low [4] - Historically, post-election years often exhibit weakness in the S&P 500 around late September to mid-October [6][8] - A 5-6% drop in the S&P 500 would place it at the bull market support band or the 20-week SMA/21-week EMA [7] - The analysis suggests potential S&P 500 weakness in the coming weeks, possibly finding a low by mid-October [10] - The Russell 2000 hitting an all-time high could lead to a correction in the S&P 500 [15] - Similar corrections to the bull market support band have occurred around this time in 2021 and in Q3 2017 [19] Comparative Asset Analysis - Bitcoin often leads the S&P 500, potentially sniffing out market movements before the index [21] - Bitcoin may bottom out early in an S&P 500 correction and begin to rise even as the S&P continues to decline [20] - The analysis draws parallels between the potential S&P 500 correction and past patterns observed with Bitcoin and Ethereum [14] General Market Sentiment - Stocks generally trend higher unless there's a reason for them not to [3] - Market tops are typically long, drawn-out processes, while bottoms are single events [24][25]
Bitcoin: Bull Market Support Band
Benjamin Cowen· 2025-09-22 17:14
Market Trend Analysis - Bitcoin historically sets a high in August or early September, followed by a low in September, setting up a rally into a market cycle top in Q4 [1] - The pattern observed in 2020, involving a low in Q1, sideways movement, a rally, and a pullback to the bull market support band, mirrors the current market behavior [7][8] - Altcoin liquidity is expected to flow back to Bitcoin in late September and early October [31] Technical Indicators and Key Levels - Bitcoin's cycle is considered intact as long as it maintains weekly closes above the 50-week Simple Moving Average (SMA), currently near 99,000, potentially reaching 100,000 soon [13][23] - A weekly close below the 50-week SMA would signal a potential end to the cycle [13][14] - The 20-week SMA serves as a bull market support band, and holding it through October would be the best-case scenario [26] Historical Patterns and Predictions - The number 124 (or multiples thereof, like 1244, 12400, 124K) has historically acted as a local top for Bitcoin [15][16] - The current cycle is showing similarities to the 2016-2017 cycle, based on the number of days since Bitcoin had a 50% drop [22] - Ethereum is expected to pull back to the 21-week Exponential Moving Average (EMA) after sweeping the prior all-time high [27][28] Macroeconomic Factors - A 50 basis point rate cut last year resulted in a 26% rally for Bitcoin, while this time, a 25 basis point rate cut only led to a 10% rally [3] - If the Federal Reserve cuts rates and the economy is not imploding, the 10-year yield is likely to increase [5]