Lots of altcoin's just boomed out of nowhere! It was easy to see where things were heading, the market went into a minor tailspin for Bitcoin, but as the bubble popped and the market recorrected itself, it found new life in altcoins like Bitcoin Cash and Litecoin. Litecoin is pushing greater than $120, as Bitcoin Cash is settling around a $570 price point, but I don't think this momentum will slow down until tomorrow or wednesday. Bitcoin is also coming back and may return to above $118k before Friday.
Is it a correction within a correction? Or is this signaling a new bottom for Bitcoin and other altcoins? We can't be sure, but I can only guess that Bitcoin won't be seeing sub-$100k for a while.