Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?
Definitely. New and new people will go jump into crypto again if they see BTC in 20k again or above. And they will start buy cheap alts. But at first we must see 20k... Hope this happens after BTC halving
Bitcoin halving may not really meet the high price expectations people set for it simply because of the reason that market expansion is direly needed to achieve that. If the market remains as compact it is currently, then the margin may not be too high.