Although bitcoin may have a limited precedent, it has been inclined to remain the king of all cryptocurrencies. This will not be the case when "altcoin will catch up with bitcoin" it is the fact that bitcoin technology is less complex compared to many other projects such as ethereum
In my own opinion, there is a bright future for bitcoins and other cryptocurrency because the market today is growing so fast and that is the reason why bitcoins price will increase even more in the future.