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The problem is many altcoins rise and fall with bitcoins reputation! I don't really see the market stabilizing before bitcoin does!

99% of altcoins follow the pattern of BTC but in much higher degree. You may see 60 % decrease in price of BTC but in 99 percent o ALTs, the decrease is in 4 to 8 folds. And the same goes for the increase that will follow after this dip. Remember that.