That's a pretty sound summary. Any movement in Bitcoin is good for the market overall. I believe we'll ride BTC up to create some new value, then the alts are going to be looking so valuable vs BTC that the flows will reverse. This is my thoughts anyhow. Personally I've started allocating less to BTC and more into the alts on a weekly basis. May look bad at the moment, but when the trend changes, it's gonna look great! Thanks for the share!
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That could certainly happen. It happened last year. Bitcoin running should bring new money into the space which likely will ultimately help altcoins at some point as money flows from bitcoin to other projects when its run slows.
This is exactly right - when BTC goes up and alts go down that is the best possible time to buy alts. BTC is the way that most of the money comes into the system, and the traders sell alts and into BTC before that happens causing alts to go down. Then after the money comes into BTC and the price is much higher, they trade back into alts causing a BTC consolidation and a rise in alts.
I have generally been selling over the course of 2018, but now I am a buyer of STEEM (and probably some other alts too)!