Altcoins About To Get Crushed As Bitcoin (BTC) Dominance Prepares To Move Higher: Analyst Benjamin Cowen

Top cryptocurrency analyst Benjamin Cowen predicts that altcoins are on the verge of witnessing a severe correction against Bitcoin (BTC). Cowen tells his 751,100 Twitter followers that he’s keeping a close watch on the total market cap of altcoins (TOTAL3) against Bitcoin. According to the crypto strategist, the chart suggests that altcoins will witness massive capital outflows as market participants flock to BTC. “In July 2019, altcoins were at the same valuation against BTC that they are today. While timeframes do not have to align perfectly, this chart still suggests that altcoins could collectively drop another 40% against BTC. It’s