With the stratospheric rise of Bitcoin the altcoins should move big time as well.
But they do not and will not move, as all the institutional money is pouring into bitcoin.
We won't see a "year of the altcoins" for a very long time, at least not before bitcoin has reached one million.
I dont think that it is true cause upon observing the pattern of every bull runs, it is always true that after the bitcoin domination, altcoin season will follows.
I always wonder what parameter to determine whether the current time is the year of altcoin or the altcoin season because I honestly think the meaning is truly relative to everyone, as you know the altcoins are already following bitcoin bullrun ever since and have gone up thousand if not hunder percent from its price in the previous year and many people still saying that the alt season hasn't come yet.
If what people means by altcoin is where there's no single altcoin that are dumping then that's a little bit too dreamy.