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-correction this may be the reason the value of bitcoin and the market is constantly going down and there are no signs of stopping. But if the coins are listed as a new type of securities accepted. The price that bitcoin and crypto can bring us to the moon soon. I expect good news from their upcoming decision.
Correction continues to occur. Could it be that deep that correction is happening? it seems we need a lot of positive news that will
lift the demand back up. the correction continues as many people continue to panic and fear. that's what its subject matter
Panic selling is not almost controlled as people have become aware of bitcoin profit and subject of earning, if they will sell bitcoin at panic so they knows that will not let them get high profit, in many countries bitcoin is raising in price, so buy some bitcoin now soon price is getting high as even now I is under correction and will be higher more and more with passage of time, under this correction I am sure bitcoin price will go above 20k this months.