Looks like BTC is heading back to the bear side. It would make sense for BTC to have a 2-3 month downtrend while alts get a chance to breathe.
Almost all alts are extremely oversold compared to BTC. Might see them start to boom if BTC breaks the 5.5-6k supports everyone has it pegged at.
8/16 or 8/23 should be the final doomsday "sell all your alts" bleed, before sharp pumps.