I expect it (and alts) to continue dropping for the next 4-8 weeks - Chinese no longer buying - the money to fuel the fire has simply evaporated. Ordinary Mom and Pop investors in the west have been scared shitless by the MSM. The only hope left for BTC is Wall street - but why should they pile in to save a sinking ship? Nothing to stop them from starting their own currencies. Ultimately, BTC is a dinosaur and inferior to a number of new alts which are much cheaper, and much faster.