I believe Bitcoin is taking a shot at itself above $20k. If Bitcoin manages to break the $20k resistance then expect a rise in the altcoin price. If not, expect more altcoin price drops in the next year. All altcoins depend on bitcoin to survive. Nothing survives when the bitcoin price drops.
Bitcoin price already passed $25k, it is around $28k now. So why we are talking about $20k again? I strongly believe that Bitcoin price won't drop to $20k anymore. Bitcoin price is trying to reach $30k, it may be achieved this month or in the next month. Sure, this good condition on Bitcoin price trend brings positive impacts on altcoins prices. There are many altcoins prices raising very well currently.
remember, some people are aiming for lower price because they feel they missed that level where they should have bought some. however, once we go back to that level again, i don't think they will buy because they will say to themselves, that it might go down more. well, how we react on this market depends on you. how you will take advantage on each up and down movement of this market. as no one can tell what happens next, it is your own instincts whether to buy or sell some.