Enjjamin Cowen, an encryption analyst, said that the transition to monetary policy is likely to be a time when “Altseason” or Altcoins surpass Bitcoin (BTC).
In the new strategic session, Cowen overlays the FED balance table with Ethereum (ETH) vs. Bitcoin (ETH/BTC).
“The only thing that the (prediction) allows is an understanding of a more stringent monetary policy, and the last cycle was that we did not see the BTC/ETH evaluation top, knowing that we did not see the ETH/BTC floor or the top of the top. The Fed ended quantitative tightening…
Therefore, the Fed has been doing the same thing as this cycle, and in this process, it is possible to see that ETH has lost its value for Bitcoin. The same is true for many Altcoin.
In fact, if you look at the ALTS basket, you actually put a new lowest level this week, and you can see that my claim was always. A great hope that all adsseason can happen. You can also see that you have just fallen since 2022, seeing another/BTC.
There are many people who are called ‘Memecoin Supercycle’, and they boldly pump you and say that this memo coin will be excellent, but at the end of the day they continue to bleed to Bitcoin. ”
https://www.youtube.com/watch?v=nuhihnpsvls
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