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Podcast: Raoul Pal: The Journey Man
Episode: There's Blood in the Streets of the Crypto Market
Description: Has Bitcoin bottomed? What about altcoins? If not, where lie the lows? Ben Cowen, CEO of Into The Cryptoverse, joins Real Vision's Ash Bennington to talk about the state of the crypto market. Technical indicators suggest Bitcoin is in a bear market, but it remains the most resilient cryptocurrency. As Ben sees it, βConfidence in the altcoin market has shattered." And he expects "valuations to bleed for many months to come." Ben walks Ash through recent and historical price action, on-chain data, and social metrics to establish his point of view. He also introduces a new technical indicator, "BTC Te...