Too early to call it, but it's never wrong to buy some whenever you feel confident about the price. The price is dancing around $8000-$8500 right now, with the latter being the resistance level that we can't leave just yet. It seems that $6000 really was the bottom of the bearish period and traders right now are ready to take on for a ride.
The First time the market hit $ 345bn was December 4th, BTC price was $11600,BTC dominance was 60%. Today, same market cap BTC is at $ 8200,BTC dom 40%. Adoption of Blockchain is growing. It's more about Blockchain and way less about BTC.Its Alt season!!
It's always the season of BTC and alts only follow BTC's trend. While I agree that more companies and institutions best interests are geared towards developing a blockchain, they are also trying to capitalize at the cheap price of bitcoin to gain something on the side. Alts are always there for profit taking but I don't see it dominating the cryptomarket even for a short while. ICOs might be a reason for it but in the mean time, all eyes are directed towards BTC.
By the end of this week Bitcoin will surely cross 10k dollar because it id going and deflecting towards the positive side more and more as compared to its down trend or lines at the graph the positive increase is more than that of the lowering decrease. This made me to assume the value to hit 10k dollar or even more in the future market. We can take out the estimated price just.