Yikes! I wonder what will happen to the alts (even the major ones) when BTC drops to $7,000. 
Hmmmm, a gold analyst make a prediction of a drop. Price has come down 3.5% since last week. Maybe he’s on to something.
Or…
Nobody knows.
I find that there is correlation between Bitcoin price and price of altcoins. When BTC is on the uptrend, then altcoins will follow. Certainly, I am expecting to see some price corrections on this market also. I only hope that it is not going to be long term