Altcoins Expected to Decline Against Bitcoin, Analyst Warns
- Cryptocurrency analyst Benjamin Cowen warns of a potential collapse in altcoin/BTC pairs.
- The TOTAL3 chart shows a downtrend for altcoins excluding Bitcoin, Ethereum, and stablecoins.
- Cowen suggests that altcoins are oscillators at best against Bitcoin.
- Altcoins have been in a multi-year downtrend against Bitcoin with no reversal signs.
- The TOTAL3/BTC ratio is currently at 0.33, indicating underperformance by altcoins.
Benjamin Cowen highlights the ongoing decline of altcoin value relative to Bitcoin, as evidenced by the TOTAL3 chart’s downtrend and the current TOTAL3/BTC ratio of 0.33.
Source (2.6)https://dailyhodl.com/2025/06/03/matter-of-time-before-altcoins-take-big-dive-against-bitcoin-according-to-analyst-benjamin-cowen/?rand=59076
