Despite the plunge, one third of the top cryptocurrencies are still in the green from a week ago. Bitcoin itself is the biggest loser over the last seven days, down nearly a third in value.
Is the top in?
I don 't know, nor does anyone else. But if the top is in, a 90% decline from the top, or far more, is likely in the cards.
Someone has to get sucked in at the top. Was it you?
Mike "Mish" Shedlock