Has Bitcoin bottomed? What about altcoins? If not, where lie the lows? Ben Cowen, CEO of Into The Cryptoverse, joins Real Vision’s Ash Bennington to talk about the state of the crypto market.
Technical indicators suggest Bitcoin is in a bear market, but it remains the most resilient cryptocurrency. As Ben sees it, “Confidence in the altcoin market has shattered.” And he expects “valuations to bleed for many months to come.”
Ben walks Ash through recent and historical price action, on-chain data, and social metrics to establish his point of view. He also introduces a new technical indicator, “BTC Terminal Price,” which helps spot major tops and bottoms.
The way Ben reads it, Bitcoin could fall further from here.
Recorded on May 23, 2022.
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#Bitcoin #BTC #crypto
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25 Comments
Whoooohooooo Ben!!!
Glad to see ben on here. One of the most consistent, clearheaded and reliable voices on Bitcoin charts and onchain analytics.
NO WAY! So glad to see Ben here!!!
Yes Ben! Absolutely best dubious speculation on the Internet 🙂
Want to see the full episode? Register for 𝐅𝐑𝐄𝐄 on Real Vision Crypto 👉 https://rvtv.io/cryptoverse526
Ben is totally dismissing the impact of the eth merge by looking at price history and saying history will repeat.
15mn to speculate that history will repeat itself without basis to support how it will play out under completely different macro situation with the proof that it didn't repeat during the latest cycle. Thanks PhD, but I already unsubbed from ITC to avoid this bs lagging analysis
Cmon Ben. Like I’m not a shirt and tie guy but you look like you are wearing pajamas
time to buy
Diamond blood
Glad to see Ben managed to squeeze real vision in in between his Forbes interviews, assuming he didn’t cancel them.
blah blah blah… The hedge and sharks are playing the bear game simple as that.
Core DEFi has been resilient
Thx for the analysis. Ash, what's with Ben's vampire teeth? Is he trying to look like an aggressive Ether howling at the moon boy?
ben is king
❤️💯👍💀
Benjamin is an objective voice in the maelstrom of noise that is the cryptoverse.
Thanks, Benjamin.
This guest sounds like an astrologer. Interesting stories, but kinda pseudoscience at the same time.
Great insights, thanks for bringing it to us!
This is one of the guys to listen to.
👍
People need to chill out….Jesus you buy when its cheap and sell when it goes back up, markets move with stuff like Biden’ senile dementia and the Fed’s ( uselessness ) and sentiment. If you cant handle it dont look at your portfolio till next year, the media need to punt bad news to sell clicks.
So glad I did not get into the bitcoin hype.
Forbes may not have called but Real Vision did (again) 🍻
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