What's happening is that people "in the know" are investing in altcoins, some of the last whales are pulling out of the arena, leaving only dolphins, turtles, and sharks. Sharks will continue day trading, dolphins will pull out when the price spikes once again. The turtles... they're in for the long haul... These are the ones that have been in since day 1...or 300.... they don't care about the bitcoin...or the altcoin... they just want to gamble.... Good luck everyone else.
My bitcoin prediction... once general public have easier access the alt world will blow up and bit coin with it as more people cash out and others lured in. But will the losers today remain losers tomorrow... will it have any social or economic upheavel?