🚨🚨The Grand Finale: Altcoin Reckoning Set to Reshape Crypto Landscape Ahead of 2025🚨🚨

1. Altcoin Market Correction Imminent: According to ITC Crypto founder Benjamin Cowen, a substantial “altcoin reckoning” may soon unfold, marking a final flush-out similar to the bear market pattern observed in 2019.

2. Timeline for Altcoin Bottoming: Cowen suggests this corrective phase will conclude by December 2024 or January 2025, noting that while many have exited along the way, this market cycle was expected to follow this pattern.

3. Historical Patterns and 2025 Outlook: The current altcoin market capitalization chart resembles past cycles where altcoins recovered gradually post-bear market, eventually surging to new highs. Cowen predicts a similar recovery trajectory for altcoins by 2025.

4. BTC Market Dominance and Altcoin Movement: Bitcoin's market dominance is at a high of 60.5%, the highest since March 2021, which may hinder significant altcoin movements until BTC’s market share decreases to below 50%.

5. Market Reactions and Altcoin Losses: The crypto market’s total capitalization dropped to $2.4 trillion on Nov. 4, with altcoins bearing the bulk of the losses. Ether (ETH) and Solana (SOL) have declined 11% since Oct. 30, BNB by 8%, while Bitcoin saw a milder 5.8% dip.

6. Altseason Speculation Among Analysts: Other analysts, including “ardizor” and “Sensei,” echo Cowen’s outlook. They highlight a recurring altseason pattern seen in 2017 and 2021, suggesting the potential for another major altseason within the next 10 days.

#Therapydogcoin #USElections2024Countdown #TetherAEDLaunch #BTCMiningRevenue