A relief bounce is in the plans for today, but mid term there is a lot more down side. Welcome to Wave B of Wave B everyone!
According to the the BTC.D chart as well, most alts will suffer in the wake of this correction, but should bounce back harder when the corn finally does.
i believe you are right on this one! but the iv movement i believe is not correct.. we are on the early stage of a new trend, we will mature in aug and sept. Later oct will continue the uptrend