Shorting $BTC is pretty much the winning move here IMO. There is massive supply of BTC pretty much guaranteed to be unloaded due to Mt. Gox and other hidden sources.
The fact that miner reserves are the lowest and central exchanges have less and less bitcoin but the price is still dumping just proves this.
"Supply shock" "Less BTC available to the public" << This was everywhere right after halving. And it never happened. Why?
1. Invisible supply: Mt. gox is just one example. German government selling another example. If someone buys or hold BTC, they can... just sell at any time, right? And if the majority of BTC is held privately, with potential to be dumped any time, this price level is not sustainable.
2. BTC isn't essential: Supply and demand doesn't work the way you think for crypto. There is no essential demand for something that has no production value.
Something like an S&P 500 index fund is pretty much guaranteed to pump in the long run because the companies keep growing. Crypto? Nothing. It relies on new investment, driven by FOMO. You are totally fine if you don't have BTC.
If we go to the realm of shitcoins this issue is even worse. At least Bitcoin has name value. The others? Literally no value. It's impossible for such thing to keep a steady value and grow in price. Means of production are assets that actually do this.
Economic crisis and Dollar is worthless, some doomsday scenario? BTC won't even be relevant. BTC was never designed to be a storage of value. The original whitepaper does not mention such thing anywhere.
You want storage of value? Buy something like farmland.