Analyst Benjamin Cowen Issues Warning To Altcoin Traders, Details Forecast for Bitcoin and Crypto Markets
Analyst Benjamin Cowen just issued a warning to traders looking to capitalize on the altcoin market.
On a new episode of The Milk Road Show, Cowen says altseason is typically elusive until November at the earliest – and until then, yet another short-term decline against Bitcoin ( BTC ) may unfold.
“If you’re going to see alts start to rally against Bitcoin, it’s probably going to start in early November, but you could still have another wick down as late as early December.
So you could have a wick down to, you know, 0.27 for alt Bitcoin pairs even six weeks from now and you could still end up getting an alt season as you can see in the last cycle.”
If altcoins do rally in the coming months, Cowen says they will have to act fast because he believes Bitcoin will top out by the end of the year.
“As I’ve said for years, in the 2017 cycle all Bitcoin pairs hit this wick right here in early November? They went to 0.25 in early November which is still three weeks from now and still they rallied to 1.34 in the matter of a couple of months.
The alt season, when it happens, it happens so quickly that you don’t even really have time to think about it, right?”
Bitcoin is trading at $108,915 at time of writing.
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana News Update: Security Breaches and Structural Challenges Cast a Shadow Over Solana's Staking Growth
- Solana (SOL) broke below its November trendline, forming a bear flag pattern suggesting potential price decline toward $100. - Network activity weakened with 20% TVL drop, 16% lower fees, and 6% fewer active addresses, while ETFs saw $8.2M outflow amid security concerns. - The Upbit hack ($36M stolen) triggered liquidity restrictions, causing a 4.9% price drop to $153 despite $336M institutional inflows. - Staking demand (67% supply locked) drives yield-focused capital flows, but stagnant derivatives and
Stablecoin infrastructure accelerates the integration of conventional and digital financial systems
- A 225M USDT transfer to OKX by a crypto "whale" triggered speculation about market liquidity shifts and regulatory scrutiny. - USDT0's $50B+ cross-chain liquidity protocol reduced stablecoin fragmentation, enabling faster institutional settlements than traditional bridges. - Bitget Wallet's bank integration in Nigeria/Mexico expanded crypto's utility by enabling instant fiat conversions for 80+ banks. - Infrastructure advances like Crossmint-Wirex partnerships enhanced stablecoin security through non-cus
Astar (ASTR) Price Rally: Rising Interest in Blockchain Infrastructure and Cross-Chain Operations
- Astar (ASTR) surges in 2025 due to institutional adoption, technical upgrades, and cross-chain interoperability. - Its 2.0 upgrade enables 150,000 TPS, scalable to 300,000 via JAM protocol, while dynamic tokenomics balances inflation with burning. - Partnerships with Sony , Toyota , and Japan Airlines drive real-world blockchain applications like tokenized loyalty programs. - Astar maintains $2.38M TVL amid DeFi contraction, leveraging cross-chain infrastructure and enterprise-grade reliability. - Future
Astar 2.0’s New Direction: Driving DeFi Innovation and Attracting Institutional Participation
- Astar 2.0 introduces fixed-supply tokenomics, interoperability upgrades, and decentralized governance to attract institutional investors and redefine DeFi. - Tokenomics 3.0 caps ASTR supply at 10.5B, reducing inflation risks and aligning with Bitcoin’s scarcity model to boost institutional confidence. - Plaza and Startale App enhance cross-chain asset flows and user accessibility, addressing scalability and onboarding barriers for institutions. - Governance reforms shift to community-driven councils by 2
Trending news
MoreCrypto prices
More
