1/ Are “alts actually back”? The crypto market moves in well defined cycles, and we just completed the 3rd major one. Inspired by @fundstrat, below is the best metric I've seen to show it: the % of alts (top 5-100 by MCAP) increasing 200% over 90 days.
🏛️: Create wars? ... OK
🏦: Launder money? ... OK
📺: Spread lies? ... OK
🔓: Steal privacy? ... OK
☢️: Build nuclear bombs? ... OK
...
🌎: A global, decentralized financial system that can eliminate all of the above? ... NOT OK!
#bitcoin