Bitcoin experienced a significant upward breakout with substantial trading volume, reaching levels not seen since mid-March. This leads me to believe that Altcoins will soon follow suit.
As Bitcoin gains momentum, the entire market tends to experience growth.
However, it's important to note that when Bitcoin temporarily pauses or retraces, Altcoins tend to see a surge in value.
It's crucial to keep in mind that market fluctuations, shakeouts, and volatility are all part of the journey towards higher prices.
Remember that the overall trend is characterized by higher highs and higher lows, indicating long-term growth.
Although Bitcoin is currently exhibiting a bullish trend, it's worth considering that we might still witness a significant correction or consolidation phase before the next full-blown bull market emerges.