With the market rising high, there is hope that Bitcoin might reach a new ATH. Being a chartist, I am expecting a new ATH soon, and this ATH will usher us into the bear market proper.
In the last bull market, we saw the last ATH at Q1 of the new cycle, and now, we might be seeing it at Q2 of this new cycle. While Bitcoin is likely to hit a new ATH, altcoins won't do too much especially ETH, but they will dip more.
The image below explains my view better. You can drop yours and comment your opinion.
Currently I can't tell if Bitcoin will reach another all time high (ATH) this period that the price is getting higher but I do believe that Bitcoin will reach there some day, just that I don't know when. However I don't suggest anyone to invest on altcoins because many of those altcoins are backward and can't tell if they will eventually become useful in future. IMO this is just another speculation cause no one is sure about there predictions. In the last bull market, we saw the last ATH at Q1 of the new cycle, and now, we might be seeing it at Q2 of this new cycle. While Bitcoin is likely to hit a new ATH, altcoins won't do too much especially ETH, but they will dip more.
The image below explains my view better. You can drop yours and comment your opinion.