I don't think we are done yet. I think this will be looked back upon as the great purge and the day the institutions came in and took over. I think they are trying to eliminate the guys who were here from the start.
I agree. I think that one factor that will remain in this market is the erratic movements that cryptocurrencies will exhibit, most especially Bitcoin. Since Bitcoin is the coin with the highest value, it would also have a big controlling factor in the movement of other coins and the market itself. However, I don't think that we have seen the last of the decline of the market because, upon following it for quite some time now, it always moves up or down depending on the trends that its assets are following.