Hi Task, yes, there's probably more pain on the way as noobs sell the bottom like they always do. We will then see smart whales scooping up their coins at bottom prices and pushing the price rapidly up leaving us mere mortals with little time to react. I haven't had time to read your response yet. Will comment later. Regards
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Yeah the weak hands will bail.
Although there is so much big money (for such a small market cap) going in and how, this might be just traders bouncing around back and forth. We also have the futures market...I havent paid much attention there but they might be net shorting Bitcoin which would pull everything else down.