Cryptocurrency analyst Benjamin Cowen says Bitcoin (BTC) will continue to perform Altcoins in the short term.
COWEN says that Altcoins can continue to achieve the encryption king based on the encryption market sentiment based on social media activities of market participants based on social risk indicators.
“I often said that Ether Lee is similar to the index of the Altcoin market. If it’s not good, the interest in passwords is not high and the interest in Altcoins is not actually so much, and when Ether Lee’s breaks down and talks about social interests about social risks, we will continue to bleed about Altcoins. It can be seen.
According to a widely analyst, the easing of US monetary policy can be changed in favor of Altcoin.
“Despite what people say, they truly want the Altcoin season, which I want, and because they don’t keep it, altcoins keep bleeding to Bitcoin.
… To see these changes, monetary policy is required to change. This can ultimately become more interested in people in the asset class.
… The way to get a change in monetary policy is that it suffers in the market. We are suffering in the market now. We saw a lot of pain in the market. And as the market suffers more, the more likely the monetary policy is to be loose. But to see change, you must have pain.
Welcome to pain. I don’t know how long the pain will last, but this type of pain in the market continues for a long time, leading to changes in monetary policy. ”
https://www.youtube.com/watch?v=16L2PCW3Z4G
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