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RE: 3 crypto indicators you should understand
Good article. You are assuming like many others about the Bitcoin dominance will return of mean. However, this assumption may not be correct. It could also be Bitcoin dominance will slowly erode out as more and more altcoin will take its place.
Valid comment.
I think several "platform coins" like Neo, Qtum, and of course Ethereum will continue to take Bitcoins market share slowly. Also social platforms like this one will continue to move viewers from Youtube. Another aspects is the launch of Bitcoin futures; people can easily short Bitcoin now. I come from 15 years of trading in forex and futures. If I have a portfolio of altcoins; one of the easiest things to do now is to short Bitcoin futures against yours long diversified portfolio of altcoins for hedge against sharp correction that happened recently. Increasing short futures positions will creating a temporary downward pressure on the price of Bitcoins. They say Ether futures is months away.