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Re: Cryptocurrency market to suffer from strong correction
by
SolomonSollarsNSense
on 18/05/2018, 12:05:25 UTC
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction

90%? more like 1000% FUD detected. This is another outrageous attempt to crash crypto and it felt like this is going on for a thousand times or more than that. Crypto will moon and it's going to be more epic this time.
Huge corrections for huge faults. $20k was a huge fault and then huge correction. Now bitcoin is on the right track. There is no huge dump and bump. There are small corrections in the price but there is nothing serious about it. It is normal. The price will increase gradually with the passage of time and corrections will also be there with price without any panic.