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I think you are right, I'm not really experienced with technical analysis but in my opinion think it's about time for bitcoin to take a bullish trend it's just a matter of when; as altcoins have been getting all the attention lately. But I think shi-tcoins like you said will not resist, sometimes this kind of scenarios are healthy to clean the cra-p, coins. but BTC, ETH, Ripple, Cardano, Nem, XLR Litecoin, NEO, IOTA, DASH this coins should not have any problems recovering, well this is my opinion only.

@ehrmannii i hope your right! less shitcoins getting people's money, more solid cryptos getting invested in!

I’m not sure about that. I think a lot of coins will come back up. Even “shi-tcoins”. I dont think people are going to stop investing in useless coins for a while. But we will see. I think the market will bounce back strong soon. I hope there is another day of major losses like this. It would be great to get into coins at an even lower point. And i hope SBD shoots up before other coins.

Coin Marketplace

STEEM 0.19
TRX 0.13
JST 0.028
BTC 64625.84
ETH 3233.39
USDT 1.00
SBD 2.65