Benjamin Cowen called it:
“What I think is the most likely outcome for altcoins is honestly, I still think that alt-Bitcoin pairs might fall in again and form a low. But I think they're going to do what they did last cycle, where they just kind of consolidate down at these lows for a year and a half.”
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Watch what they said — from 45:39 ↗
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Benjamin Cowen: What I think is the most likely outcome for altcoins is honestly, I still think that alt-Bitcoin pairs might fall in again and form a low, maybe a double bottom or a slightly lower low. Benjamin Cowen: But I think they're going to do what they did last cycle, where they just kind of consolidate down at these lows for a year and a half. Benjamin Cowen: A lot of people thought, I think mistakenly, that the minute alt-Bitcoin pairs come down here, that you have an alt season.
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History — append-only
The registered excerpt began "But I think they're going to do what they did last cycle" with no referent for "they". Extended backwards to the sentence naming alt-Bitcoin pairs. Was: "But I think they're going to do what they did last cycle, where they just kind of consolidate down at these lows for a year and a half." Statement of record: "What I think is the most likely outcome for altcoins is honestly, I still think that alt-Bitcoin pairs might fall in again and form a low. But I think they're going to do what they did last cycle, where they just kind of consolidate down at these lows for a year and a half." A transcript segment is an ~8-second transcription chunk, not a unit of meaning. The excerpt now runs to the boundaries of the thought. The original record and its anchor are unchanged.
Proof
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From "Analyst Called Bitcoin Top; Reveals 2026 Forecast | Ben Cowen" (David Lin ).
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