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<p>Benjamin Cowen, a prominent figure in the crypto analysis space, has shared insights regarding the future trajectory of Bitcoin, Ethereum, and other crypto prices. He suggests that the market may not experience a significant recovery until 2025.</p>
<p><a href="https://x.com/intocryptoverse/status/1848727400462323933?t=lEAMwYSSg5Kgs_GgoZPdvQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Cowen explains </a>the current state of the<a href="https://www.tradingview.com/symbols/TVC-DXY/" target="_blank" rel="noopener noreferrer nofollow"> U.S. Dollar Index (DXY).</a> The figure currently stands at 104,. He notes that the long-end of the yield curve is likely to continue its upward trend in the short term.</p>
<p>This situation could lead to a challenging environment for cryptocurrencies. As a consequence, a shift in market momentum.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/chainlink-link-price-looking-strong-as-bullish-pattern-emerges-spike-to-30-possible-if/" target="_blank" rel="noopener noreferrer nofollow">Chainlink (LINK) Price ‘Looking Strong’ as Bullish Pattern Emerges: Spike to $30 Possible if…</a></em></strong></p>
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<p>Cowen predicts that the market might face “one final drop” in prices in November and December 2024.</p>
<p>He believes this dip could serve as a precursor to a recovery phase that would begin in 2025. Additionally, he foresees Bitcoin’s dominance rising to 60% during this period, with Ethereum also expected to reclaim its standing in the market.</p>
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<p>The post <a href="https://captainaltcoin.com/expert-anticipates-one-final-drop-in-bitcoin-and-crypto-prices-in-2024-predicts-final-recovery-date/" rel="noopener noreferrer nofollow">Expert Anticipates ‘One Final Drop’ in Bitcoin and Crypto Prices in 2024: Predicts Final Recovery Date</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Expert Anticipates ‘One Final Drop’ in Bitcoin and Crypto Prices in 2024: Predicts Final Recovery Date

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