Lens1000
VIP Contributor
It is important to understand that if bitcoin reaches $100,000, it will bring a positive sentiment across the entire cryptocurrency landscape and the altcoins are not excluded. The investors would definitely want to diversify their portfolios and that would result in a bullish movement on the side of the altcoins because there would be an increase interest and investment in the altcoins as well. When we consider the history, we will discover that a surge in Bitcoin price as actually led to an increase in the prices of altcoins and this is called the Altseason because the altcoin will also experience substantial gains.