It'll bounce back. This is good for those who wanted to catch it at a low point. The market is still in its early stages and ehtereum will be the most widely used crypto for at least a decade i believe until some new technology comes and blows it out the water. Etherum is my number one bet.
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There is definitely enough demand for it to bounce back in general. But at any time a bunch of ico's could start selling their eth bringing more and more crashes.