Posted 3/30/2024, 9:15:33 AM
Analyst: April Volatility Ahead for Crypto, Bearish Signs Risk Altcoin Underperformance
- April expected to bring high volatility to crypto markets according to analyst Benjamin Cowen
- Cowen watching Bitcoin dominance for signs of bearish sentiment; warns 55.3% could signal "risk-off"
- Whether Bitcoin peaks early or late this cycle may depend on US monetary policy in Q4 2022
- Recession/high unemployment in Q4 may lead to 2025 rally if Fed restarts printing money
- Altcoins likely to underperform Bitcoin in bearish environment signaled by rising BTC dominance
