In most of my articles here, I explain why I think the bull market is going to be over soon. I hope you already understand that Bitcoin is the decisive factor for the whole market and everything else is pushed upwards or down depending on Bitcoin price swings.
Right before the end of the bull market in 2017, Bitcoin's dominance fell bellow 40%, all cryptocurrencies had a one month rally and then everything crashed.
This is the last time this will happen
Things will not be different this time, but will be different the next one. Last time it was all the tech shavy people that entered Bitcoin. Everybody learned their lesson and especially learned that Bitcoin was not a coin. It was not going to serve in the transactions sector and it was very weak at scaling.
What happened next was a change of the narrative and the promotion of Bitcoin to be a hedge to inflation. Every doomer on twitter was happy to see the problems of economies and everyone again was promoting Bitcoin, this time not as a currency but as a store of value. As the Bitcoin maximalists wanted it, Bitcoin was going to be advertised as digital gold.
The halving creates this kind of price swings that push Bitcoin to the upside. I will not go into details about that, as the important part is that once again the Bitcoin evangelists misinformed investors as they were promoting Bitcoin developments like the Lightning Network or the blockstream sidechain as scaling solutions for Bitcoin, while they know that any kind of progress in them is dependend on centralized services.
It won't be Bitcoin in the Lightning Network but a censorable solution similar to Paypal's Bitcoin.
This is the last time that Bitcoin will have high dominance and the last time it will keep dragging the market as it drops. It will not be Ethereum that will take over, it will be Bitcoin Cash in the next three years.
Bitcoin Cash adoption is unrushed and programmed. We see excitement in users and everyone wants to talk about Bitcoin Cash to others. We don't just use it, all of us we also promote Bitcoin Cash to our family and friends. We talk about Bitcoin Cash because everyone is already frustrated by the scam called Bitcoin Core.
It will take three years and the target will be set, Bitcoin Cash will be completely independent from the Bitcoin volatility and will act on its one volition.
Adoption will be detrimental and the network usage will give to Bitcoin Cash a fair value with no connection to BTC price swings. I expect Bitcoin Cash to become the top market player, the leader in the cryptocurrency industry, and with increasing adoption it will be part of a healthy increase of userbase that will not follow empty promises and speculation.
The real flippening
This will be the flippening. A Bitcoin Cash that will completely decouple from the rest of the market and follow a trajectory as a leader. Other coins will start following Bitcoin Cash and there will be exchanges basing trading paterns on BCH instead of BTC.
Bitcoin Cash can bring growth to the crypto industry not in terms of speculation, but in terms of real adoption. Using Bitcoin Cash for everyday transactions and adoption by a sufficient number of merchants in every region of the world will be the plan for the next three years. The flippening may not be on total market cap but it will be in real volumes and number of transactions.
What we have witnessed lately was Bitcoin Cash proving it managed to scale and the rest cryptocurrencies are eating our dust.
i sincerely hope every other coin won't be dependent on the growth of Bitcoin. If this happens we should be able to get to $10,000 in about five years