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A popular cryptocurrency analyst doubts that Bitcoin dominance will return to the levels it reached in December 2020, before the asset’s price surged approximately 220% within three months. “I don’t think it is going back up to 70%, my target for Bitcoin dominance has been 60%,” Into The Cryptoverse founder Benjamin Cowen explained in an interview with The David Lin Report on Aug. 17. Analyst skeptical of Bitcoin dominance returning to previous cycle highsCowen explained that during “major altcoin seasons,” such as the one in 2021, Bitcoin (BTC) dominance — the ratio of Bitcoin’s market capita…

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