With Altcoins gaining ground once again, it is becoming difficult for Bitcoin to break through. What are your thoughts on the same?
Altcoins are getting back to the show because the price right now which is experiencing a dip due to shifting of Bitcoin for free Bitcoin Gold, is perfect to buy and hodl some potential altcoins. Buying activity usually increases in such cases and so is happening. But along with that Bitcoin will grow too till hard fork if the hard fork you mentioned here is Bitcoin Gold because Segwit2x hardfork might be quite disruptive. Bitcoin should cross $5k by Oct 25 according to my assumptions. Else market is way too tough to predict.
Hard fork is now the major thing that boost the price of bitcoin to the next level and I'm afraid that is also what is going to hurt the original bitcoin in the future. Altcoins value grow when the value of bitcoin grow. I think bitcoin gold will be success for it;s own developers as much as how bitcoin cash did.