More likely not because its clear downtrend in m eyes established from start of this year. And no matter how much people buy while those btc stays in exchange not regulated exchanges can easily trade against you and all buyers using your btc to do massive sell orders this is how this market works
in my opinion , looking old charts you can see alt coins have always a up and down pattern, now we are so low that i think this thing is going to go up, maybe not now but not too late