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.
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https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35CBOE has joined since last year. and now the ETF, I think it is not a measure of how bitcoin is to grow. but as part of the crypto world, I hope it will not cause a big reaction after the results at 30th of September. The race will bring miracles. I hope to see the 25k bitcoin as Tom lee had anticipated.