Bitcoin, Alt Season, and the Potential for World War Three
If World War III truly breaks out, the global market is likely to experience extreme turbulence. In such conditions, investors tend to avoid risk and choose assets considered safe like gold or the US dollar. Bitcoin, although often referred to as 'digital gold,' is likely to experience a sharp correction in the early stages of the conflict due to being deemed too volatile.
Altcoins will be hit harder. Amid global uncertainty, assets with small market capitalization and immature adoption rates like altcoins are usually the first to be abandoned. This causes Bitcoin's dominance to rise, while altcoins stagnate or fall deeper.
However, if the conflict drags on and trust in traditional financial systems weakens, Bitcoin may regain interest as an alternative decentralized global asset. In this scenario, Bitcoin's recovery could happen more quickly, especially if used as a hedge against inflation and fiat instability.
Alt season, on the other hand, may only occur after Bitcoin stabilizes and the market begins to accept risk again. Therefore, the likelihood of an alt season during world war is very small — unless after the recovery period begins.$BTC