February 13, 2024: The Supercycle 🚴🚦
Hyperbitcoinization in the ETF era, the ETH/BTC ratio, and alt season
Congrats to Bitcoin on hitting $50K! Orange Coin is closer to last cycle’s high than last cycle’s low, so maybe it’s time to flip bullish?
As I’ve said a million times, I’m not an active trader. If you still want a loose collection of random crypto thoughts going through the head of somebody who’s rode through three all-time highs, here are some musings on the ETH/BTC ratio, the Supercycle, and whether we’ll enjoy an alt-season for DeFi 0.1 tokens.