The weird thing about this drop, that #BTC only lost 4-5k of it's value.. back in the days, ALTs wouldn't loose that much by just 4-5k drop.

it only means 1 thing, #BTC is preparing a rally, and it couldn't do it with inflated ALT prices, because it would be too early for alts to reach their goals now.. so Market makers sold most of their positions "At a premium price" to re buy when prices drop out of fear and chaos caused by them.

So now what?

1) #BTC will start rallying again to 83,119$ level as i once said.

2) Alts will start rising too, back to their previous levels before this dump, some will even surpass.