Not just Steemians, but most other people in the cryptoworld as well hope for an altcoin run to start soon. But, does it have to come? Is it something that is kind of a promise that will for sure come to pass?
During the 2017 bullish run in which Bitcoin reached 20k, it was first in the late period of that bullish run that the altcoins really started to take off, and they kept on doing so especially as Bitcoin relaxed and started to move sideways. In the last days and weeks, we have seen some strong Bitcoin movements, and even though we are currently in a strong correction wave, we are still on a bullish path. So, when is the altcoin run going to come? But, my question is - has anyone really promised us that it will come? Do we know for sure that it will come? I do hope it will come, especially considering that I always invest my BTC in other altcoins (for some reason). But, now we have a Bitcoin dominance higher than ever, and the question is - will it come to an end soon? Will the altcoins fly again once Bitcoin stops with the big moves? Can we expect the value of our Steem tokens to rise greatly once Bitcoin moves sideways on the charts, or is that just dream thinking?
I am not really sure about this, but I guess there isn't any automatism telling us that an altcoin run really needs to come to pass, or does it? I would love to hear your thoughts on the subject!