Not certainly, because the price started to move as the BCH devs decided to re-stabilize the difficulty of the chain.
OP, it's abruptly not the correct time to get in alts because the dump may continue and few may also witness the death of some very overvalued alts in the near future unless we see Bitcoin get down a bit. It isn't a rumor but a reality that I have seen that whenever Bitcoin starts to rally hard, alts get dumped down to levels that aren't even the starting point from where these used to increase. It's the general nature of us that we try to get out of alts and start trading Bitcoins when we see much more liquidity in it alone.