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RE: BTC update 06.04.18
I think it's best to keep an eye on the total market cap of cryptos. Although BTC is declining, the Alts are pushing back and keeping the cap ~250billion.
Maybe BTC dies and something else takes its place? could be interesting to say the least - at least to have alts break away from the BTC price lock.
I've been screaming this since August last year. Best candidate at the moment is Dash. Do your own research at https://www.dashforcenews.com and https://www.dash.org/evolution/
As long as BTC does not fall under 1275$ (MOB), it will shoot up to at least 100k within the next two years. My personal estimate is way higher than that ;-) Keep that in mind.
That's over $1.7 Trillion marketcap. It's totally possible but it will be overvalued.Most of that money would eventually pour into alt-coins IMO.