Bitcoin halving, all-time high, and altcoin season—the recipe for a bull run, or is it? First, Bitcoin's halving reduces its issuance rate, which sparks supply scarcity. After that, BTC rallies into its ATHs and is followed by a horde of pumped altcoins driven by investors who prefer higher, albeit riskier, returns. The altcoin season is then full on. Bitcoin had its most recent halving in May of this year, and soon after that, it smashed through the $100k mark—a historic milestone. Yet, the alt