I can't believe this new drop, i would never guessed that it will happen. I will have to correct all low prices, but I will wait few more days, just in case it continue to drop!
To be honest it did not surprise me. I am talking about Bitcoin here but we know how the Altcoin market is massively dependent on Bitcoin.
Since April, all I see is up and down, up and down. To be fair Technical Analysis really has been predicting that for a while now.
Bitcoin will need to break $8,000 so that the whole market gets on a positive trend in my opinion.