Quote from: CryptoScientist on June 25, 2017, 12:08:59 PM

For justice it is worth noting that the dump and red candles in $ lbc started before the correction of btc, and also that the bit reset was corrected at the end of May, after that there were no discharges. There were only light outpourings of panic-strikers. So in this situation, we most likely have a downtrend and not a drop in alts due to bitcoin correction.
Before that, I showed that we could probably drop to 25k within 2 weeks, but with such a drop (now 26500) I'm inclined to move the reversal targets in the 17-20k area with breakdowns to 15-16k Sad

It was a classic sell the news dump, nothing surprising about it. regarding the price I would get nervous if it breaks under 25k, 16-18 looks the next stop but i don't think its going to. I think 26000 was probably the bottom. either im looking at this as a long termer and holding from 8.3K so meh, not that stressed about this short term noise.