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It all depends on the supply and demand of the bitcoin that determines its price, if theres a sustainable balance between the two; the value of bitcoin will continue to rise, especially after the halving event as you look at the statistics of the last halving scenario.

Good point of view that bitcoin price is really depend on supply and demand , if supply of bitcoin will be increase then bitcoin price will be decrease and if supply decrease and demand increase then price is going to higher .

The point is determining which one increases supply or demand!

The supply will not increase though as it it limited therefore inflation is very low or even close to none, the demand will surely increase as more people are adopting to bitcoin as time passes and we can tell that if we are active regularly monitoring the price trends or market of bitcoin.

The bitcoin is not innovative enough. Investors are trying to find some other coins which are more useful than the bitcoin. The bitcoin price might drop relative to other coins.

These are not investors, these are profiteers. And they don't care whether a coin is "innovative enough" or not. Apparently, all they care is short-term profit opportunities, and nothing else...

They don't give a fuck whether the coin survives or dies after they get their spoil

I can say that altcoins are more innovative because the developers can always update or modify their project to go with the present situation or the demand in the market but it terms of trust you cannot beat the trust of the people in bitcoin that is why it is more progressive

It would be a sweeping accusation to call all altcoins scams in disguise, since among them there are many legit ones which have been there for years (lites, doges, you name it), but the total majority of "brand" new coins popping out here and there, now and then, are just that...

I guess the entire world hasn't seen as many scams throughout its history as there have recently been in the crypto part of it

litecoin and dogecoin wont ever replace bitcoin or even compete with bitcoin, they don't offer anything new.

there are some altcoins with potential but none of them seems to be replacing bitcoin anytime soon.

that being said if bitcoin keeps being this averse to change, an altcoin might eventually come to replace it, because it just fails to adapt or fails to scale quick enough.