Given similar macro conditions to 2019 (quantitative tightening, high interest rates), the crypto market will continue to experience a Bitcoin-only rally with altcoins bleeding against Bitcoin, until quantitative tightening ends and quantitative easing begins.
"the conditions never actually changed from what we saw back in 2019 and in 2019 essentially what we had was a Bitcoin only rally where Bitcoin dominance went up and ALT bled back to the king and it wasn't until after quantitative tightening ended and it wasn't until back then it wasn't even until QE began that we even really saw a durable shift in retail interest in the cryptoverse"
