Quote from: alibaba93 on August 25, 2018, 11:25:52 PM

Quote from: JRMtrader on August 06, 2018, 11:35:13 AM

The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesnt mean it cant add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35

You can see that the bitcoin price is falling very deep and although there are signs that it will be able to return to the $ 8000 level, the bitcoin price must first exceed $ 6800. The market is still bearish in the long run so I believe that the bitcoin price will probably fall to $ 5000 in next time. So being able to rise to $ 50k is a dream.

I'm still open that $50k will be able to reach but not this year,maybe in the next 5 years.Hopefully btc price can hit even $15k-$20k this year and i think that would really be great.The current price is still low but i see already a price recovery little by little.