In my opinion it's gonna go down much much more than that. Why? Here are some reasons:
1.) None of the big company's like Coca Cola, Mc Donalds, Facebook, Microsoft, PlayStation, Nintendo or Google are being found between all these coins. Untill now they never picked it up. The lates reaction from VISA also wasn't that positive. They are looking into it if they're gonna continue or not!
2.) The bestselling videogame at this moment is PUGB and is giving the developers a marketcap of 1.5 biljon dollars...on paper. It's a fiat company, you can play it on X-Box. Now here comes a list:

• Cardano 17 biljon dollars marketcap
• NEO 10 biljon dollars marketcap
• Tron 3.9 biljon dollars marketcap
• RailBlocks 2.3 biljon dollars marketcap
  ............and do you really know what they are doing? When one of these company's told us their app was being launched their coin could go up with 200 to 2000%.....easy.

3.) There is no regulation. In my country there are a lot of regulations to protect us, not to missuse us. (although everybody is yelling about that) Sometimes regulations are very good. You want to sell 1 milion coins of Verge at once with a click on your mouse? No problem. Exchanges should look into that to protect the market!
4.) Bitcoin isn't fast and cheap at all. It is as slow as hell and costs a lot of money to move around from exchange to exchange
5.) There are way to many coins. None of them is really coming into the fiat world.
6.) Because of a much lower marketcap by now banks have gotten more power back to influence the market. They can pump and dump all the money out of your pocket by now. Believe me, they will.
7.) Look how fragile all coins reacted on only one message that China is going to forbidden anything that has to do with cryptocurrency
8.) Most of us are looking at the last downfall from $ 13.140,-- to $ 11.302,-- in only 3 hours. But check your chart again! It went down from $ 14.345,-- to a bottom of $ 10.893,-- in only 20 hours. That's not a figure that speaks, that's a figure that's yelling at you: "GET THE FUCK OUT OF HERE!
9.) Lendingprogrammes like Bitconnect is just impossible. You can't give someone $ 9.000,-- and get $ 17.000,-- back. It's a Ponzi Scheme. And when Bitconnect falls it's gonna take a lot of trust with it.
10.) 80% or more of the people find it way to dificult to understand how cryptocurrency work. A wallet? A Private Key? Getting Hacked? Pump-Dump? John Mc Afee? Exchanges? More Exchanges?.......and even More Exchanges?
11.) Cryptokitties were sold for over $ 100.000,--. Everybody who bought a kittycat should be ashamed of itself. Oké, $1,-- to $ 5,-- would be fine if your daughter is crying over it. But even when you're a biljonaire you do need a shrink if you bought a digital picture of a cat and payed $ 1.000,-- for it. Some people are starving. At least buy a Lambo if you've got money enough. Not a FUCKING DIGITAL CAT!
12.) Same as above: Decentraland with a marketcap of 112 milion dollars. They sold digital land for more than $ 10.000,-- a piece. Guys get real: They are selling you cooked air. And did you ever play the game? No! They still haven't launched it yet.
13.) Social Media: When @haejin post his opinion about a coin you always see it jumping up in a few seconds. I called it the @haejin bubble. Haejin is not the one to blame for it, it just happens...........but it's not a good thing. Only one message on Twitter from some guy with over 1.5 milion followers pulled Verge (XVG) down in seconds for about 30%. It messed up the chart. Even untill now.
14.) Even the porn industry didn't pick it up. Sounds crazy? Did you know that back in the 80's porn industry picked VHS as their standard, so VHS became the standard. Did you know porn industry is the founder of affiliate marketing? Did you know porn industry was behind Real Player, so guys could jerk off behind their computer while streaming porn online.
It's a multi bilion dollar market and I don't see them into crypto's.

My conclusion is that looking back in time we all were in the "December 2017 Bitcoin Bubble" and just wouldn't accept the fact that it wanted to go down, down, down, to a more natural level.
Is cryptocurrency gonna survive? Of course, but a lot of the creepy coins you're looking at right now will be gone. Gone foreever. Wished it took a lot of creepy guys like Mc Afee with it, but it won't.
As long as cryptocurrency is showing us up and down and up and down, it's not a good thing. And this might be the most important thing to happen: Coins have to become an individual object or project. At this moment all coins are way to much dependend on what Bitcoin is doing. That's a bad thing. Neo still was pulled down when Bitcoin went down. They have to become individual coins so one can go up while the other is going down.
..........and I really do hope people like @haejin and The Cryptolark are gonna keep working on the things they do. It's nice entertainment and you can really learn something from these guys.
I'm hearing "The fat lady" singing louder and louder and forsee a Bitcoin that can go down to $ 9.000,-- then $ 7.000,-- then $ 5.000,-- untill you're ashamed telling someone you still have them: Kaboooooooeeeem $ 4.000,--
And oh @haejin: "Today my broken clock told me the right time. Twice!"

Be very carefull guys: At this moment Bitcoin is an assassin to your stack. Every triangle haejin is showing you now is a Bermuda Triangle. A Bermuda Triangle for the coins in your wallets.

Take your losses! Sell now! Come back later!