In the world of cryptocurrency, traders face significant psychological challenges, and achieving profits is not as straightforward as it seems. As discussions about gains from altcoins become a common topic among acquaintances, the market has often brought years of hardship. The question arises: is the nightmare that has persisted for three years finally coming to an end? What are Cowen’s latest predictions for the cryptocurrency landscape?
Cowen’s Predictions for 2025
Despite sparking controversy last year, Cowen has made a bold prediction regarding the ETH/BTC pair, forecasting a drop to around 0.03 BTC, a notion that seemed exaggerated at the time. Investors, already worn down by the market, struggled to accept the possibility of further declines. However, Cowen’s predictions proved correct, and he has now shared projections for 2025 that could once again validate his insights.
“Now that ETH/BTC has collapsed, many think it’s the end. In 2023, few believed it would drop to 0.03. In 2025, no one will believe it will rise again.”
“I anticipate that ETH/BTC will reverse this year. This delay stems from ongoing QT.”
Altcoins are expected to rise, but this hinges on Bitcoin 
$104,630 breaking its market dominance. Cowen elaborates on this expectation, suggesting that traders might witness altcoins losing significant value against Bitcoin, yet they will still claim, “I told you so!” during the first rally.
What Will Be the Price of Bitcoin?
As the article was being prepared, Bitcoin was hovering around $105,000. Yoddha, in a recent market assessment, indicated that a new consolidation phase has begun, which is promising since another dip to $90,000 could lead to discouraging outcomes for altcoin investors. According to the analyst, the price, currently trapped between $92,000 and $108,000, is expected to break out above $140,000.
Analyst Roman_Trading, who accurately predicted recent declines, noted that the price and RSI show signs of resistance. Typically, this signals that a pullback may occur. Stoch is overbought, largely due to a news-driven pump, emphasizing the importance of today’s market closing.
“With three levels of bearish divergence at resistance, it usually indicates a pullback. Let’s see if today’s close can invalidate this.”
