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@yabapmatt
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In order for the alt season to begin, money should flock from BTC to alts. Now tell me this. You really think all those institutions that are buying at the $30K+ range will suddenly gonna start dumping BTC left and right? No they won't.

You're right that the institutions buying up the BTC will not dump and invest in alts, but it's everyone else who bought BTC at any point in the last 10 years or so that will be selling some as the price continues to rise and looking for a new place to put that cash. That's where the next alt-season will come from.

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