Cryptocurrencies are red across the board.
There is no significant negative event. No Mt Gox. This is a health correction.
Time to buyin and brace for the next upward ride.
Bitcoin will probably fall to $1700 before testing 2700 again and breaking to 4k in 2 to 3 months.
Images from BitcoinWisdom
Litecoin will could dip to a low of $15.5 before rallying to 40 to 45 in the nest few weeks.
ETH has probably already touched its bottom at $120 and is heading back to 200 before breaking to 300 in the next few weeks.
If you are still 50% up from last month, just hold on. If you have cash reserves and can play for the long run, buy more.
Its cryptocurrency; a well tested rollercoaster. Remain optimistic.
