What's happening to bitcoin price?
Technical analysis will not work, intermittent dumps by ICO projects and bored investors will continue, however they are likely not the real cause of the price depression.
The price is due to a number of factors, which are some dubious news about tether backing, various ongoing scandals and thefts in the cryptocurrency community, bitcoin elite possibly buying back cryptos, and Wall St. slowly buying coins at discounted rates. It doesn't seem likely that these factors will change very quickly.
The dynamics in supply/demand will continue dictating prices, and a recovery can still take a while longer. However, once it does, since 4th gen ( or let's say next-gen) coins have started appearing, we can expect another rally.
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