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.
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http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correctionSomeone mentioned that the price of Bitcoin will be corrected back in 2017 after the price got up to $19000. So that is what we are seeing now, and the price has become a little more stable than it used to be before. Things might have changed this year, but lets wait till the end of this year, but like seriously things have changed.