46 min listen
Is It Best to "Stay Heavy Bitcoin" Until Markets Look Better?
Is It Best to "Stay Heavy Bitcoin" Until Markets Look Better?
ratings:
Length:
13 minutes
Released:
Apr 27, 2022
Format:
Podcast episode
Description
"For altcoins to do well, we need Bitcoin to go parabolic or… through a bear market," says Ben Cowen, CEO of Into The Cryptoverse. “The best strategy [in those cases]... is just to be heavy Bitcoin." In a wide-ranging discussion with Real Vision's Ash Bennington, Cowen assesses Bitcoin's technical profile using Bitcoin dominance, logarithmic regression analysis, and on-chain data. He also explains how to determine the market cycle phase by watching fair value and the lower bound level of regression bands. Markets breaching certain levels on these measures can indicate the start of a new bear cycle. But Ben remains optimistic because "the undervaluation territory is where all the real money is made." Recorded on April 25, 2022.
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Released:
Apr 27, 2022
Format:
Podcast episode
Titles in the series (100)
Tokenizing the World with BitPanda: Eric Demuth discusses the creation of BitPanda, Bitcoin's role as a digital asset, and interoperability within blockchain ecosystems. by Raoul Pal: The Journey Man