OK, the bubble popped this isn't news, but now, what's going to happen?
Everyone, well everyone in the "know" has been exiting to USD for a while.
Price will 5K by march 25th then we'll go up slowly towards 9500 in June , and then again slowly down to find a bottom to god knows where yet.
Alts are going to suffer like you've never seen them suffer
Some funds with position in alts have been using the pretense of forks to get out for USD, see ETC then and XMR now.
The ICO coins? they are done, completely done, they never had any product anyway.
ETH will go to 350 and follow btc movement in USD afterwards.
Now is the time to take holidays, its been 3 years we are in this, we are all tired, we need some rest.
Come back when its boring and price is flat and the world has forgotten about bitcoin
First of all, every person here is a believer of bitcoins and secondly it's never gonna go in downwards trend in long term as it's anti inflatory and it's rarity will increase with time and it's completely opposite of fiat.
Now about ICO coins, you must know that ethereum was also an ICO coin and it does provide pretty high value and is also very useful and that's the reason why Microsoft and IBM are mad behind it. Also many different kinds of contracts can be made on it which are pretty easy to make and are pretty useful also the new ICO are also being held on the ethereum network as well.