well, it looks like the current decline is much worse than the existing speculation. however, the fall in price was almost below $ 11k. I am quite hopeful that recovery occurs again, and it comes back to $ 12k. this has quite an effect on the prices of other altcoins.
It's been a trend that whenever the price reaches a certain amount tendency it will decline in price after awhile. But I just always keep in mind that like in any investment bitcoin is always able to recover from any dump like it also did before as long as many countries didn't yet to legalize it as well many people didn't know how to use it yet, chance that BTC price is still able to increase. Unlike in other altcoins some once they fall its hard to figure out if they will be able to catch up again.