Benjamin Cowen
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Why Does This Crypto Cycle Feel Different?
Benjamin Cowen· 2025-08-05 22:09
Hey everyone and thanks for dropping back into the cryptoverse. Today we're going to talk about the advanced decline index for the top 100 cryptocurrencies. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. If this cycle continues to feel differently to you than last cycle, it's because it still is. this cycle looks a lot more like what we saw back in say like 2016 and 201 ...
Bitcoin Market Cycles
Benjamin Cowen· 2025-08-04 11:49
Market Cycle Analysis - Bitcoin has increased approximately 7x from the cycle bottom [2][6] - The analysis suggests diminishing returns are likely in the current cycle [3][6][12] - As of August 1st, the market cycle is on day 996 from the bottom [3] - Historical data indicates potential market cycle tops around 2026, aligning with midterm year bear market patterns [4] ROI and Timing - The analysis considers ROI from the cycle low, peak, and post-halving to assess potential future movements [7][9][13] - Measuring from the April peak may be misleading, the November peak is considered the actual market cycle top [8] - As of August 1st, the analysis is on day 1362 from the cycle peak [7] - As of August 1st, the analysis is on day 468 post-halving [10] - Historical patterns suggest a potential final rally in the second half of the year [9] - Diminishing returns are correlated with diminishing losses in each cycle [12]
Ethereum: Dubious Speculation
Benjamin Cowen· 2025-08-03 03:24
Hey everyone, thanks for jumping back into the cryptoverse. Today we're going to talk about Ethereum dubious speculation. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. Let's go ahead and jump in. So, we just had a a jobs report recently and of course, Ethereum uh and risk assets alike were not too fond of it as there were a significant amount of revisions to some of th ...
Unemployment Rate Rises to 4.2%
Benjamin Cowen· 2025-08-01 23:55
Hey everyone and thanks for jumping back into the macroverse. Today we're going to talk about the recent labor market reports this week and how it is affecting markets. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on into the cryptoverse premium at into the cryptoverse.com. If you're curious about this stuff uh more timely, we do have the ITC macro Twitter account that you can follow along with. I'll also tweet stuff out from m ...
Bitcoin: The Beauty of Mathematics (Part 61)
Benjamin Cowen· 2025-08-01 03:45
Market Valuation & Trends - The fair value of the cryptocurrency asset class is estimated to be approximately $4.137 trillion, while the actual value is around $3.782 trillion [2] - This represents an undervaluation of approximately 8.58% [3] - The asset class is expected to trend towards a market cap of $10 trillion, but pullbacks and even a bear market are possible before 2026 [19][20] Altcoin Dynamics & Bitcoin Dominance - To see a more durable move to being overvalued, the altcoin market has to participate [5][12][18] - The industry is potentially in a blue chip dominance phase, where Bitcoin and Ethereum are drawing liquidity from other altcoins [12][13][18] - Bitcoin dominance could see another surge potentially starting in late August, September, or October [13] - It is possible for both Bitcoin dominance and ETH/Bitcoin to increase simultaneously, as altcoins can bleed to both Bitcoin and ETH [14][15][16][17] Historical Context & Risk Assessment - Overvaluations can lead to bear markets, as seen in 2022, 2018, and 2014 [8][9] - Extensions from the fair value in March 2024 were about the same as in December 2024, with undervaluation drops of around 30-35% [10][11]
What if You See BTC Dominance and ETH Dominance Do This?
Benjamin Cowen· 2025-07-31 23:24
Market Dominance - The market speculates on Bitcoin and Ethereum dominance potentially rising together, similar to the trend observed in 2020 [1] - The market considers the possibility of capital consolidating into Bitcoin and Ethereum, the established "blue chips" [2] - The market discusses the narrative of altcoins potentially losing value relative to Bitcoin and Ethereum [2] Monetary Policy Impact - The market observes the Federal Reserve's hawkish stance and its potential impact on cryptocurrency market dynamics [1] Market Outlook - The market acknowledges that these potential scenarios and narratives may not materialize immediately [3] - The market has established a basis for how these markets could evolve and the narratives that could be associated with them [3]
The Fed Holds Interest Rates at 4.5%
Benjamin Cowen· 2025-07-31 00:03
Hey everyone and thanks for jumping back into the macroverse. Today we're going to talk about the most recent FOMC and we'll of course talk about the crypto markets as well and some of the longerterm trends there. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and check out the sale on into the cryptoverse premium at into the cryptoverse.com. Powell basically said a lot of the same things he always says today. Uh but just so you know, in case you're curious ...
Bitcoin: Has Retail Arrived Yet?
Benjamin Cowen· 2025-07-29 11:52
Market Analysis - The cryptocurrency market is currently more institutionally driven compared to the retail-driven cycles of 2017 and 2021 [4][25] - Social risk, an indicator of retail interest, remains relatively low at 0.103, suggesting limited retail participation [5] - YouTube views for top crypto channels are around 120 万 (1.2 million) on a 7-day moving average, lower than previous market tops [11] - The advanced decline index for the top 100 cryptocurrencies has been declining, indicating that larger cryptocurrencies like Bitcoin and Ethereum are driving market cap increases [17][18][19] Bitcoin and Altcoins - Bitcoin has been dominating gains in this cycle due to low retail interest, causing altcoins to lag [8] - While Ethereum's valuation against Bitcoin has improved, it hasn't significantly increased retail interest [3][8] - In the current market, only a few coins are performing well, with rotation occurring between different sectors of the asset class [16][17] Future Outlook - The cryptocurrency market will monitor social risk to determine if it establishes higher lows, potentially signaling increased retail participation [23][24] - Whether retail investors will return remains uncertain, with the end of the year being a potential timeframe for a clearer indication [26]
BTC Dominance + ETH Dominance
Benjamin Cowen· 2025-07-28 22:37
And what if it simply tops out. What if it just simply tops out at the same level it topped out the last couple of cycles of around 85%. Right now it's around 73%.I know that might sound crazy, but listen guys, a lot of people this cycle would have just been better off assuming that everything was going to stay the same, right. That that you know the ETH would bleed against Bitcoin until Ethereum went home. They would have been better off believing that Ethereum was actually going to go home, that I wasn't ...
What if their ALT is bleeding against ETH?
Benjamin Cowen· 2025-07-25 04:22
Altcoin Market Analysis - Many influencers are promoting altcoins, but their performance against Ethereum should be scrutinized [1] - Since April, approximately 99.99% of shilled altcoins have likely decreased in value against Ethereum [1] Investment Advice - Investors should evaluate altcoins' performance against Ethereum before investing [1]