It happened in 2013 where certain altcoins got pumped sky high. Currently with Bitcoin you can talk about a more than decent increase, but when it comes to the altcoin market, it's a massive bubble. Look at Ether for example -- this token reached $173 today. Please, what dumbo buys Ether at current levels? It's embarrassing and shocking how certain people are willing to expose themselves to such insane risks....
We already know that altcoin is just a pump and dump market. Some are now speculating that Ether would reach $200??? I don't know who in their right frame of mind would buy it today at that price because it will suddenly go down, losing all your investment. As opposed to bitcoin that gradually building its price to the current levels that we have now.
Price seems on seesaw situation and we need to be carefull or shall we say better to me more vigilant upon doing some trade upon bitcoins nowadays since we doesn't know if this rally will up and continue but I can't do some good trades on our wallet exchanger since the spread is pretty much higher but let see on how come bitcoins will go so far.