Are they completely collapsing there?
2018
Analyst from Bloomberg Mike McGlone believes that crypto is a bubble and if the stock market enters a bear phase, Bitcoin could fall to 10KS in the worst-case scenario. And if there is a capital flow into gold, he expects BTC to drop to $56k.
He says that Trump is irresponsibly approaching the market and is overall killing the economy of the country, but he is not the only one who thinks so; many analysts share this view.
They are also angry at Vitalik Buterin for speaking out about Ethereum at the wrong time. Recently he stated that the project does not belong to him; according to him, everything depends on the community, and the recent sales have slightly shaken things up for the guys. Overall, though, everything is good and he is doing well.