Hopefully you all can hear this out before the downvotes begin. BTC is the big boy, the original, the one that started it all... it is also THE main pairing for all crypto on all markets. Therein lies the problem. The crypto market cannot survive if 99% of it literally just follows BTC up and down all day, every day. I am not saying BTC needs to go away, but what I am saying is that maybe this freefall we are currently in is a blessing in disguise.
As BTC dominance is falling, some coins have been able to not only weather this storm, but sail against the BTC winds comfortably. ADA, Harmony, Polygon and others have been flying at different points lately while BTC falters, and little by little others are joining the party. As ETH and ADA and BNB and company catch up, I think we will start to see more and more alts pull away from the financial whirlpool that is BTC. The market will be much healthier when not every single coin is tied at the hip to one single project (one that, for the most part, doesn't even interreact with any of them in any meaningful way outside of tokenomics).
I have been saying for some time that the 4 year cycles are a thing of the past, but as most who believe that, I was basing that on the strength of Bitcoin. Now I am thinking that the 4 year cycle breaker may actually be the weakening of BTC (at least against other coins). As coins start asserting themselves against BTC, as they prove their worth and pull away from it, it makes the halving events meaningless. I am still rooting for BTC to be the premiere store of value, I am just rooting harder for everyone else to catch up (and for a few to surpass it) insofar as marketcap and dominance.
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