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-correctionI dont usually take what analysts have to say sometimes, but whatever
I think they are aright, maybe due to the ETF, so the price will remain low for now. But next year will be different from what I see. The price of Bitcoin and altcoins will get up cause whales will start investing again once after the ETF. They keeping cool now cause they plan to invest at low price rate.