History suggests that altcoins may be set for take off as Bitcoin achieves record high prices. History has it that, in the past two bull seasons where Bitcoin has outperformed its all time high, altcoins have typically rallied in its wake. I think before the alt season sets in, there must be a major correction as bitcoin pump to over $40,000 needs a major correction, after which investors will move funds from bitcoin to altcoins. This may happen between now and March.