It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
OP,your post reminds me of an old crypto market joke:
Bitcoin price: stays stable
Crypto investors: What the hell is going on with Bitcoin price?
Bitcoin price: starts going up/down
Crypto investors: What the hell is going on with the BTC price?
Anyway,yeah,some altcoins might bring bigger profit margins than Bitcoin,but I don't care that much about altcoins.
The current Bitcoin price pump might be a short term bubble,a long term bullish rally or something in between.
I don't see an obvious factor that helped for pumping the price.It seems that optimism is spreading across the crypto markets.Maybe new people are joining the crypto world,seeking for safe heaven assets.