Altcoin Market Decline Reaches Final Act, Bottom Expected In 2025–Analyst

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Altcoin Market Decline Reaches Final Act, Bottom Expected In 2025–Analyst - NewsBTC

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It has been a long journey, and many gave up along the way, but this process was always going to play out pic.twitter.com/WRVUvIHDTt — Benjamin Cowen (@intocryptoverse) November 3, 2024 Altcoin Market Revisits 2019 Price Action In a YouTube video, Cowen predicted the price action of altcoins after reviewing Bitcoin’s price and historical trends.

While this is normal price action for Bitcoin, this trend also impacts the crypto industry, particularly altcoins. Historical patterns suggest that altcoins’ performance highly depends on Bitcoin’s price action.

According to Cowen, the altcoin market will face "a reckoning,” and holders and traders can expect the correct to happen by December 2024 or early January 2025.