Yesterday we argued that Bitcoin would continue to outperform altcoins as we have argued since January 14 (here) and despite some mini-altcoin rally overnight, we still believe this is the case on a medium term basis. Bitcoin has surged past $100,000, yet retail chatter and FOMO in alt markets remain eerily muted. Venture funding is drying up, and over $4.5 billion in tokens are unlocked monthly, putting pressure on prices. Sure, there can be mini-altcoin rallies, but can they last?

We’d have loved to ride that 20% overnight ETH surge, but no complaints here—we’ve been bullish on BTC ever since it broke the $84,500 trend line (here). But our tactical ‘altcoin’ model is flipping towards an altcoins preference—so if Bitcoin keeps$BTC