If there's correlations between Bitcoin and the other alternative coins, the Bitcoin market would be like the Bitcoin chart:
Still in an a-b-c major correction (4) since December 2017 high, there's is more downside potential.
While in the shorter time-frame, there's upside movement for only medium-term buy & HOLD, not HODL, and be careful, this could be just a 'bull trap' for the unwary.
https://en.wikipedia.org/wiki/Bull_trap