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
Now that's one of the stupidest advices I've seen here. It's already showing that bullish time has come back and we will see 9500 before the end of March, not in June like you said.
One thing is clear, summer will be interesting because of speculation on G20 summit in November which will have big impact, because blockchain is going to be one of the topics.