Truthfully, I think this is all drama. I think btc will come out of this just fine, and we'll be on our way to pushing up into the 3,000 range.
Follow the money. Long positions are strong on btc. The public gets sucked into the FOMO and I guess they had to be cleared out. The weak hands had to be washed away. It's kinda sad, in a way. But so cliche.
There is just too much money mixed up into btc for it to be allowed to fail. Miners will do what miners do . . . they will mine haha
I've learned to follow the chart patterns. They don't lie. And btc looks pretty good, imo. I think segwit will happen, and then we'll be on to a new sort of drama to stir up the pot again.
Hell yea the markets like it!! Been a great day for btc, eth, and ltc.