Acknowledging that majority of alts are unregistered securities will propel a super cycle for #Bitcoin post halving . Typically alts outperform BTC in fiat denominations during bull cycle then fall harder then Bitcoin in bear cycle and never reclaim a new BTC denominated ATH. Is this time different? I believe so
Discussion
Why will it be different this time?
Investors not piling into alts as much because of regulatory uncertainty around is it an unregistered security as opposed to Bitcoin that everyone agrees is a commodity
Always been regulatory uncertainty around alts and most volume is outside US. Personally I doubt this time around will be any different but I would be happy to be wrong.
There’s never been specific tokens being served papers for being unregistered securities. We’ll see though no one can know the future for sure . Just my half cocked speculative opinion. BTC dominance at 50% , biggest hedge fund in the world applying for spot ETF and ETH still doesn’t even have a futures . Even though I’m hodling for decade minimum I would love to see BTC be in the top 5% for performance post halving but at the same time i wanna stack Sats on the low .