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JThis week, the sector should register three big events among the highs and lows of the market. Given recent events in the sector, it is possible that the market will be more volatile in the coming months.

Most major cryptocurrencies are trading in red because below the $22,000 mark, Bitcoin has started a steep decline and to avoid further losses, BTC must maintain a price above the $20,000 support. After touching the $1,800 liquidity zone, Ethereum price dropped to the $1,600 barrier.

The recent price behavior of ETH could cause it to decline once again at $1,300 and under. Amid Bearish Price Actions, Is Bitcoin’s Dominance Over Altcoins Growing?

According to a well-known crypto analyst, Bitcoin (BTC) is on the verge of establishing its dominance over other crypto markets. benjamin cowen

Benjamin Cowen is a researcher, financial analyst, YouTuber and founder of the “Into The Cryptoverse” website and analytics community in the United States. “Into The Cryptoverse” includes, among other things, subscription crypto market reports, price research, and risk analysis. Benjamin Cowen received a Bachelor of Science degree with a minor in Mathematics and Physics from North Carolina State University in 2012. Cowen went on to earn a Master of Science in Nuclear Engineering (2015) and a Doctor of Philosophy in Nuclear Engineering (PhD. ) from the University of New Mexico School of Engineering (2018). It had 720,000 subscribers and over 71 million cumulative video views to date. His YouTube videos include trend analysis and price predictions, but he also occasionally posts video introductions to several cryptocurrencies. It delivers the “Into The Cryptoverse” paid reports in addition to the analysis videos available for free on YouTube (the Premium list). Members receive weekly reports that include video updates on the state of crypto, risk analysis data, log regression analysis, price analysis, and in-depth weekly reports, among other things. EntrepreneurChief executive officerMarket analyst Followers: 0 See profile