Prominent Analyst Forecasts a Coming “Altcoin Season” Despite Crypto Corrections

A well-followed analyst asserts that the genuine “altcoin season” is still forthcoming despite the most recent cryptocurrency correction. But will the expectations come to fruition? Crypto strategist Benjamin Cowen, in his recent video update, urged his YouTube followers to rethink if they believe that altcoins could no longer continue to plunge after their steep pullbacks from last year. According to Cowen, the real altcoin capitulation is still impending. He said in his statements: “Altcoin season is a serious matter. You shouldn’t laugh at it thinking that your altcoins have already dropped 80% (and they cannot continue to fall). The altcoin period can continue. But until Bitcoin dominance range is high, altcoins can’t even reach the penultimate stage of the altcoin season that has yet to occur.” Earlier this month, Cowen had revealed that he was closely watching the Bitcoin dominance (BTC.D) chart. According to Cowen, the dominance level of the […] The post Prominent Analyst Forecasts a Coming “Altcoin Season” Despite Crypto Corrections appeared first on COINTURK NEWS.