It has been almost 6 months since price of BTC is declining and no Guru knows where is the bottom. All technical charts indicate that double bottom should be be foundation of price reversal but it it not materializing.

Is there any fundamental change in perception of Investors/traders that they are gradually diverting their funds in alt coins?

If Price of Bitcoin continues declining for the next few coming weeks them I will be quite sure that BTC is losing all of its glamour and shine.