Benjamin Cowen called it:

So I think what's happening is you're probably going to see altcoins stop bleeding against Bitcoin in the coming months. I'm not saying it's over yet, but you might see them slow down that bleed for a little while as they sort of fall into these range lows and try to form a low.

On the record 0 days and counting. Nobody can edit it, including Benjamin.

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Benjamin Cowen: “So I think what's happening is you're probably going to see altcoins stop bleeding against Bitcoin in the coming months. I'm not saying it's over yet, but you might see them slow down that bleed for a little while as they sort of fall into these range lows and try to form a low.

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Submitter-attested — no machine-readable source

Benjamin CowenSaid Aug 20, 2026Added to Thonest Aug 20, 2026Anchored Aug 20, 2026

Watch what they said — from 46:52

Source verification
  • ✓ Video and channel verified by YouTube
  • ✓ Statement located at 47:02
  • Transcribed and timestamped by the submitter, who confirms they listened to the passage
What was said around it · sha256 0xd8466ce1…245ff5

They hit the range lows a month after quantitative tightening ended, and around the time the Fed funds rate was near the two-year yield. So I think what's happening is you're probably going to see altcoins stop bleeding against Bitcoin in the coming months. I'm not saying it's over yet, but you might see them slow down that bleed for a little while as they sort of fall into these range lows and try to form a low.

Transcribed from the audio and confirmed by the submitter, who listened to this passage. YouTube confirms the video and the channel, not the words — those are checkable in one click by anyone. Watch the full moment →

From "Analyst Called Bitcoin Top; Reveals 2026 Forecast | Ben Cowen" (David Lin ).

History — append-only

2026-08-20
Recorded · Recorded and locked from the original source
2026-08-20
Corrected · Statement corrected to the source transcript wording.

Registered wording came from the extraction model's normalized claim rather than the source itself. The statement of record is now the verbatim excerpt from the source at 2822s. Was: "I think what's happening is you're probably going to see altcoins stop bleeding against Bitcoin in the coming months." Source says: "So I think what's happening is you're probably going to see altcoins stop bleeding against Bitcoin in the coming months. I'm not saying it's over yet, but you might see them slow down that bleed for a little while as they sort of fall into these range lows and try to form a low." The original record and its anchor remain in history unchanged; this correction is appended.

Proof

Evidence hash0xca49e824…994c8d
Source snapshot
Record fingerprint0xca49e824e0e5d400e1073013d8a08cd19b04bf21fd74cc600bfcb774dc994c8d
Proof path
2 hashes from this record to the anchored root
  1. 0xe9e0e8f6c7e20c4a66ab70bea6172cb26f661ae4c20220ac408e1fa905247702
  2. 0xee5f1ad6658b0c03f13f413510801f43cf7a3f46b52b94dc7b51ff63205d06e9
Merkle root0x2aa4a222a18e72f44f6033353803593e4c0110dfcc0de0ebdfa23333d87837ae
batch #32 manifest · 4 entries
Registry0x3d74d9e2f0f4c741fc49b34cc119b6db0cef47c0 · entry #31
the contract refuses any batch that doesn’t follow the previous one, and has no function to edit or delete one — including for us
Anchored onchainbase-mainnet · Aug 20, 2026
0xd216b5cc…af96b2 on block explorer
Quote checkConfirmed against the source: these words appear in the transcript at this moment, attributed there to this speaker. Anyone can check by playing it.
Platform capture0xaf33577b278936d82ce5618856abeabf3c5e8688ea5b9f1744a2d59d80e5f92e
view the canonical capture · the platform's own API response, kept verbatim and covered by the evidence hash

✓ The anchored proof cannot be rewritten, and the published record is append-only by default. Everything that happened afterward is in the history above — corrections are appended, never silently edited in.

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