In the past, altcoins have enjoyed immense gains during altseasons. Well this happens only if there is Bitcoin dominance... And I believe there are two types of principles to follow them
* Bitcoin dominance Increases when more and more people buy and simply hold BTC.
* Bitcoin dominance decreases when more and more people sell BTC.
So altcoins fate is purely depend on BTCs price reaction or altcoins are independent???guys please share your thoughts on this.
It is indeed, however not all the altcoins are effected though. If Bitcoin season comes then I am pretty sure that altcoin season will follow as well hence, if we want for this to happen massive adoption could be one of the key. Way back 2017 we have seen how Bitcoin became powerful and so for altcoins so we could say they are more likely interconnected with each other. Unfortunately, looking on what current situation we have even if there will be a halving I am afraid that this will might not bring a profit.