If BTC goes below 9K many coins will go down big time!
Be careful!
I heard a theory that the market will crash to about a 250-300 Billion market cap AGAIN and then we we will go up from there!
It's still not a good market after 6 months and the prices had only few ups and goes down without any reason. Maybe this will take enough time to recover and I just hope that investors will not lose their patience on this technology. This also affects on the ICO as I seen many projects have to go on extension just to catch-up for more funds.
We have actually come out of the trap where all one could do was to hodl and nothing else. But the cost of investment was down and the stability in the price was unstable so it was actually a kind of chaotic condition. Right now the market is in full swing to jump big and that might be coming anytime soon as we have been expecting the value to rise in December. Besides, what I feel is that it is the right time to invest further because from here onwards, Bitcoin will look ahead and will not recede any more because of a rising demand for the crypto.