What is the market going on? All of them fell sharply and created a new bottom, BTC down but DOM still remained unchanged. Does the player transfer all Altcoin to fiat? Your opinion about this problem?
I think the reason why we are witnessing very high surge in bitcoin right now is because people are transferring their altcoins into bitcoin and not into fiat as against what you said, people are fully preparing for the bull run of bitcoin, and those bitcoin increase you have been sing is just a tip of an iceberg of what is about happening to bitcoin when it starts its bull run, so people are just being wise to quickly prepare for the bull run of bitcoin.
Altcoins will still bounce back again, but not now, most of them has bottomed, but this opportunity should be for people that has not yet invested in some altcoins that are reliable, and has been waiting for altcoins to bottom again, very soon before the proper bitcoin bull run, bitcoin will consolidate, and most altcoins will rise in value, so here is the opportunity now for them to grab.