It's not news that all cryptocurrencies prices are tied to Bitcoin.

It's just like how the Us Dollar dictates the economic standard of most countries: The big boys always rule.

Now, BAT has dropped about 4% on the day, which is a good thing and a bad thing.

As usual, I'll start with the good.

It's a good thing because buyers can swoop in and buy the hell out of that BAT/USD pair right now. It's a great time to get BAT for cheap. Also, if you have any BAT currently, it's best you don't sell it just yet. But remember that these are my views, and ultimately you'll do what you want.

It's also great because the price is forming brand new support levels that see already being tested and retested. Should this formation continue, BAT may have multiple support levels to fall back on, thereby erasing any downtrending beliefs, at least for the short time.

Now, on to the negatives.

Obviously, if you bought at the candle before the big fall, you'd probably be crying into your pillow now. It's a hard knock life.

It's equally a bad thing because now the value coming from Brave rewards and Publish0x is now lesser. This means more work/viewing ads for the same amount of money as yesterday. It really sucks.

It's also a bad thing because it will reduce the volume of BAT at exchanges,putting short term swing traders like me at an imminent disadvantage.

What are your views on the previous BAT price drop? 

Comment below. I really want to hear what you have to say