Altcoins are not in a bear market, have you seen the prices lately? It is really doing awesome right now and they are all at least 2x higher than they used to be few months ago. Just because there has been a few drops here and there you can't just call it a big drop neither, it is something expected. That is why I honestly think that we should be calm about this and just assume that everything will go up until we are proven otherwise.

It is like law, where people are innocent until proven guilty, that is the same thing in crypto as well because it is going up until proven to be in a bear market and goes down 50%, until that happens I will keep believing that it is going up. That is the only way we could see bitcoin going really high really quickly.