Quote from: hstokes on September 12, 2018, 09:09:12 AM

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

With upcoming Bakkt tool in november, I can see bitcoin around $30 000 at EOY, since institutions would start buying bitcoin to decrease such a volatility as it's now.

Everyone is looking at the ETFs but there are other ways for big money to enter the market, especially that is relevant for Bitcoin. The Bakkt platform is going live soon and I also see this as an inflection point where everything can turn around.