Well, same pattern as 2013 after gox. Could take some time to recover. Or it will never do because we have too many alts.
This is what I have been spamming my friends that haven't been in the game very long. I welcome another crypto winter, will buy again for the first time since 2013 if that happens.
Wishful thinking.
Are we going below $5k in this round?
I doubt it.
More likely that we will go up another 2x to 7x with a blow off top, perhaps, before the next crypto winter (that is if a crypto winter is coming any time soon).
We currently are in a bull market, we would need to dip below $5k for a significant time before such bull market status would be reassessed as being over. Does not seem too likely, but never say never in bitcoinlandia...