Ben Cowen, some of the vital goal=”_blank” rel=”dofollow”>
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Cowen argued that, opposite to fashionable perception, bear markets spend most of their time in uptrends, not downtrends. He stated that is deceptive for each bulls and bears, noting that declines are normally very quick and sharp.
Cowen stated Bitcoin’s fall from $30,000 to $50,000 may very well be a convincing backside, in keeping with historic indicators. Cowen famous that 2026 is the “midterm election yr” in the USA, and argued that these are usually tough years for cryptocurrencies, and that the market ought to undergo a “time-based capitulation” course of.
Cowen, who likened the altcoin market to a on line casino, stated traders ought to give attention to Bitcoin as a result of altcoins could proceed to lose worth relative to Bitcoin.
*This isn’t funding recommendation.
