I think now market has some coins that make a difference for the bitcoin. Like ETH, Neo, EOS etc is now making the market very good. If we see the near future then market will explode at any time. We might have some good news from INDIA and CHINA but have to wait for a long. But if these will envolve in the market then it will definitely rise. and bitcoin may be obsolete. against these technology.
You may be right but it is not true at all. I see the market eth is at 610$. Nd market is continously down for a very long time. As we see from the market, the market should be high enough to make $800 ETH mark.
As china made a statement to legalize the crypto currencies. And there is a strong indication in India to legalize the crypto. If these countries actually make it legal, the market will rise definitely and total market cap will definitely rise. But you have to wait for about 2-3 months to make it confirmed it as these are not reumors at all.
It is not a easy game. because there are bulking of alt coins right now in the market. there will be a long practice to predict the alt coin. you can search on youtube different sites for the review, but not heavily rely on these things.