As expected, because of the recent BTC price surge other altcoin are on the move upward, and I'm sure a lot of people saw this coming, but I think the real question now is how long this trend would last.
Because we've been here a couple of time, and it would be cool if we can put a timeline on this, if it's just a temporary move, and even if it isn't, how long can we expect the bullish trend to last.
There are many many variables which can/could contribute to what direction the Bitcoin market
takes at any time. We can only speculate as to what way its going to go in the medium term.
Based solely on the last halving we should see an new ATH later this year, in the second half perhaps
and after that we should enter a bear season based on past historical moves and follow Bitcoins
4 year cycle.
Some commentators have spoken about an end to historical market movements because things have
changed now but that will all remain to be seen.
I recon thats the best timeline you will get - Bitcoin following its 4 year cycle between halvings.
And please be prepared for big pullbacks like we just had from ~$100k to ~$78k and correction back
to ~$94k in the future.