One question we should notice is when it comes to altcoins is when we will see a new Altcoin season. Or even if we will have again an Altcoin season, because it is likely, altcoins will no longer be able to gain significant ground against Bitcoin.
Recently, we have been very weak for leading Altcoins and Bitcoin has been able to mark numerous new all-time highs, while our Altcoins have not come close to previous peaks.
So what is your opinion, when will we see a new Altcoin season or will we not see again an Altcoin season?
The market principles can never be broken as we do have up and down so we must see the altcoin season, but one thing we must know about altcoin is that this year or during the US election campaign altcoin weren't given much priority Bitcoin was given. And like as we know on the space everything has a trend and since the current administration supports Bitcoin with full chest people thinking and mindset has been gradually shifted from altcoin to Bitcoin due to it's numerous ATH created last year and this year and people, I mean investor are solely interested to what would give them quick profits as required in short period of time, so they make Bitcoin their first.