BTC dominance is a rather useless metric, especially since new alts keep popping up by the hundreds. Things only get interested if any of the top 5 coins get close to BTC's market cap, as was briefly the case with ETH last summer. Question being whether it's going to be ETH again or one of the contestants that are trying to give BTC a run for its money.
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When regulations are enforced (soon I believe) there will be a huge market shift towards privacy crypto-currencies that protect users from being identified. I recommend looking into anonymous, private, decentralized and open-source coins. Do your research and pick what you feel will be a huge public attraction in the future.
Here's the thing about regulation and privacy focused cryptos though: I'm not sure whether an increase of regulation would be all that positive for anonymous coins, given that stronger regulation may force exchanges to explicitely delist non-traceable cryptocurrencies.