Ben Cowen: Why Altseason Needs a Crisis First

Video

The advance-decline index for the top 100 cryptocurrencies has been trending down since 2021.⁣

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“Most cryptocurrencies have been going down rather than up since 2021.”⁣

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Everyone wants 2020-2021 back, but that only happened after a crisis justified the money printing that pushed global net liquidity to all time highs.⁣

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“It doesn’t mean you can’t have a bull market... but I wouldn’t expect a full blown Altseason” until liquidity actually returns.⁣

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We’re stuck in a catch-22 until the printers come back on. 🎬⁣

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#Bitcoin #Altcoins #Crypto #Altseason #Liquidity #CryptoNews #BTC #Macro #Web3 #Bankless

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