Benjamin Cowen is pointing out a familiar pattern. Every summer, altcoins usually get a nice rally against Bitcoin, often peaking around June through August. But history shows that once September arrives, things tend to flip, and money rotates back into Bitcoin.
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He highlights that it doesn’t really matter whether Bitcoin’s price goes up or down in the short term - in both cases, Bitcoin dominance usually increases.
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If Bitcoin drops below support levels, altcoins tend to get hit harder. If Bitcoin holds support and rallies, it usually outperforms alts. Even if Bitcoin just moves sideways, altcoins often bleed against it.
In other words, the common outcome is the same: September and October often mark a period where Bitcoin starts leading again. Cowen believes we’re about to see the “final rotation” of this cycle, where Bitcoin dominance climbs and altcoins take a back seat.
So the takeaway is simple: for the next couple of months, Bitcoin is likely to be the stronger performer compared to most altcoins.