After waiting for the last 2 weeks the market cap finally broke the 600B mark and fell to 535B. A full 35% retracement, from the high of 830B to current level of 550B.
This poses as a great time to buy, you'll find that during corrections usually the market falls anywhere from 20 - 40% before making new grandiose strides to higher highs. This doesn't mean the correction is done, but this does show that at the very least it is retaining a healthy pattern. This is the second largest correction to the crypto market cap this year only shy of the Chinese ban in September.
So, don't listen to the news or any other FUDers. Crypto has died multiple times only to bounce back twice as hard, this is just another death.
Let me know what you think! I enjoy a conversation.