This is true, but not entirely. Bitcoin will not go that low, and I think we already are at the bottom, but for altcoins this is true. People, when will you understand that this is just a whale game ? Everyone was spitting on Ethereum a week ago and now that it pumps more than anything reasonable, everyone worship it... Altcoins are just a toy to steal your bitcoins, and you need to understand this if you do not want to make the whales richer. All of these rises, absolutely all of them, will not last very long ! You have been warned !