Bitcoin dominance at 42.24% - Highest since August 3rd as predicted by Benjamin Cowen

Benjamin Cowen of Into The Cryptoverse, insists that altcoins will continue to bleed against Bitcoin in 2023. He regularly says "you don't know what a cheap altcoin is if you joined crypto in the recent bull market". His advice has been to stay in cash and he's been advising this since the start of the year.

He's recently been mocked for his prediction that Bitcoin's dominance was going to continue to climb. I will admit he's been saying this for awhile but it seems he's likely going to be proven correct? Just because an altcoin dropped 80%, doesn't mean it can't drop another 80%.

In appreciation of Ben, he does say he's sharing the lessons he learned from previous bear markets. In the past, he was too quickly to deploy capital into altcoins. The best buy to make, if any, is Bitcoin. Bitcoin will likely not fall as drastically from here like altcoins will. Also, Bitcoin will most likely lead the initial market recovery.