Is it a new trend of Altcoin Bull run?

[Ben Barubal]

We have often witnessed in the bull run that Bitcoin's value increases and once it becomes stable at a certain limit that's when bull run officially starts for Altcoins and we have seen same cycle in previous two bull runs. But, this time we are witnessing a different scenario as we have seen increase in the price of Bitcin but it's yet to reach ATH and it's still continuing to increase but Altcoin's are going bonkers and having more than 100% increase and it's not limited to few but most of the Altcoin is following similar trend.

Should be consider this as new trend wherein Altcoins will have bullrun before Bitcoin? Or this is once in a blue moon thing? It cannot be a bull trap since it's happening for multiple Altcoins.

     I think most people know that when there is a rally in bitcoin, it also pulls many of the top cryptocurrencies in the market up in value as well. For example, when the bitcoin price rises, ETH, BNB, MATIC, and other altcoins that are in the top listing of the market will definitely rise as well, in addition to meme coins.

     And these are the altcoins that have good market volume daily and, to be honest, market capital. And altcoins are not the cause of the rise of Bitcoin; that is not true, and the majority of the community in this field of the crypto space also knows that.

[Promocodeudo]

It is not possible to say exactly what this indicates, but one should be prepared for anything. But generally, when the price of Bitcoin increases, the price of altcoin also increases.  Because there are many altcoins that require Bitcoin to buy and convert to BTC to sell.  When the price of that coin increases, it is converted into that coin and sold.  For this, the price of both may increase together.

The trend is changing gradually and with time we might have to blame ourselves why we never invested into the market for the money.
There are people that are still waiting for the market to change patterns before they start buying and trading it for a long move.
We don't have to be bothered about what others have to think about the market. The market is going to be profitable for us if we are ready and know how to enter the market with a big move that is going to be more profitable for us with time.

The truth is that many people are doubting Thomas so they don't believe anything about digital money unless it is their usual traditional banking system, it is not longer a new thing that bitcoin and alternative are on the rise everyday and many people had the opportunity to invest when the price was in the dip stage which is the best time to buy, now it will look like a mirage to them because they never believed in the process why now, the way events are unfolding everyday I think the next upsurge will be in such way that those who never saw this opportunity coming will regret never taking the bold step. Though going into the market is another thing as you mentioned but someone can only go into the market if he or she is ready.