There is no bloodbath. Only a normal correction. Who has just a little experience in forex knows this.
Lack of investment into cryptos, banning of traders, exchangers in Korea, a long holiday gap and and the price value are the reasons for the whole market price being in red. But, they are resuming now as per coinmarketcap.com data.
I am sure the market will boom again soon. As we predicted, we can still expect bitcoin rate and other altcoins rate go up in few days.