In this episode, Benjamin Cowen discusses altcoins and expectations at the end of quantitative tightening (QT), drawing comparisons to the last market cycle. He emphasizes the importance of monitoring Bitcoin dominance and its potential impact on altcoin performance. Cowen presents two possible scenarios: one where Bitcoin rallies to new highs, potentially leading to an altseason, and another where Bitcoin drops, delaying altcoin gains. He suggests that holding Bitcoin is a strategic move to minimize risk and capitalize on potential upside, especially with quantitative tightening coming to an end and interest rates potentially decreasing. He advises caution with altcoins until Bitcoin confirms the cycle isn't over by reaching new all-time highs, and to be prepared to cut losses if Bitcoin falls below its 50-week moving average.
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