Bitcoin’s New Record May Increase Investment Risk: Analyst Suggests Altcoin Season

A renowned cryptocurrency analyst has suggested that Bitcoin (BTC) may pose a higher level of risk for investors than some altcoins, following its recent All-Time High (ATH). The analyst cited the crypto’s risk score of 53 as evidence, comparing it to altcoins like Cardano (ADA) (41), Chainlink (LINK) (39), and Ethereum (37), which show a lower risk profile. This analysis suggests potential for an upcoming season dominated by altcoin investments. The analyst, during a recent podcast review, argued that diversifying into various altcoins might provide a more favorable risk-reward balance compared to Bitcoin at this time.