Altseason vs Bitcoin 2025: Benjamin Cowen’s Bold BTC Bet – Who Wins?
Crypto's eternal debate reignites as Bitcoin flexes its dominance in 2025. While altcoins scream for attention, analyst Benjamin Cowen doubles down on BTC – but is this the smart money move or just institutional inertia?
The King's Comeback
Bitcoin's 2025 rally defies altseason chatter, with Cowen's metrics suggesting BTC isn't just leading – it's decoupling. Forget 'flippening' dreams; the OG crypto's infrastructure and liquidity advantages are crushing speculative rivals.
Altcoins: Digital Lottery Tickets?
Memecoins and DeFi tokens keep pumping, but Cowen's data reveals a harsh truth: 80% of 2021's top alts still trade below their ATHs. 'Innovation' often means better marketing, not better tech – just ask the VC bagholders.
The Institutional Endgame
With BlackRock's BTC ETF swallowing capital like a black hole, altcoins face their Darwinian moment. TradFi's embrace of Bitcoin creates a self-reinforcing cycle – leaving alts to fight for scraps like underfunded startups at a private equity buffet.
Bullish or Just Boring?
While crypto maximalists cheer BTC's dominance, Cowen's bet raises uncomfortable questions: Is this market maturity... or just Wall Street's latest gold rush? One thing's certain – in 2025's crypto casino, Bitcoin remains the house.

The wider cryptocurrency market, led by Bitcoin (BTC), has experienced rising short-term bearish sentiment amid the ongoing Middle East geopolitical crisis. After teasing below $100k over the weekend, BTC price recorded the lowest weekly close at around $101,339.
Consequently, BTC price signaled further potential short-term weakness, with a midterm target of around $93k. Furthermore, BTC price in the weekly timeframe has formed a potential macro double-top coupled with bearish divergence of the Relative Strength Index (RSI), an established reversal pattern.
If the support level around $93k fails to hold in the coming weeks, a capitulation towards $76k will be imminent in the subsequent months.
Benjamin Cowen on Altseason 2025
Following the heightened crypto volatility, which has resulted in significant liquidations of Leveraged long traders, fear of further capitulation remains palpable. The Bitcoin and Ethereum fear and greed indexes have dropped below 50 percent following the recent crypto selloff triggered by the U.S. attack on Iran.
According to Benjamin Cowen, an established crypto analyst, the Bitcoin market will continue to gain more ground over altcoins in the coming months. With Bitcoin dominance having crossed Sunday above 65 percent, Cowen thinks the figure will rise further in the near future, potentially even hitting 70 percent.
The altcoin market is an oscillator *at best* against #Bitcoin.
Being mad at the influencers who convinced you alt season was coming is not going to help.
This chart has always shown you the most likely outcome. Just many lost patience and decided this time was different. pic.twitter.com/49AxN44hLD
Consequently, the crypto analyst is of the opinion that altcoins will continue to bleed out to the bitcoin market, thus further delaying the highly anticipated altseason 2025. Most importantly, Cowen highlighted that the wider crypto market, led by Bitcoin will establish a local low around August or September.
Meanwhile, Wall Street analysts expect the wider crypto market to record a parabolic rally during the fourth quarter of 2025 and potentially extend to the first quarter of 2026.