Is current crypto downward trend only temporary?
I think so, this should be temporary because we are soon to end the year 2019 and the bull trend should start again for us no to fall on another bear market. We cant say its just a temporary downtrend, as far as the chart movement is concern we are still on uptrend but we might see the sideways over the months.
I would agree this is only temporary and I would call it correction. To my opinion it was kind of expected after so fast rise that usually don't last very long in continouity.
There is no reason for any panic and the price will recover. But it will not be so fast that price will go up to 15000$ or more.