I think Monero will be a BIG competitor to Bitcoin in the near future.
You can read more on that at: https://www.monero.how/why-monero-vs-bitcoin
Monero is at all time high and you can get in on a lower entry point, I myself are a long term holder and do not sell and buy on re entry because there is a chance that it do not drop.
Normally we see this chart over and over in the cryptomarket and its a BIG chance we will see Monero go through this as well anytime soon.
But since Bitcoin now have some scaling issues, Monero may jump up in price even faster then expected.