Personally I'd love to see 80% or more of the altcoins out there completely wiped out. The majority of alts are complete garbage with no working product or utility. 100's of millions is spread over all these alts and they need to be washed out so that money can go back into Bitcoin.

I agree that the Bitcoin dominance is a very positive sign but I feel it's going to be a quite a while yet before another bull market returns. Time will tell I guess! No one knows whats going to happen next in this crazy market!