Cryptocurrency Market Drops Violently

The cryptocurrency market is pulling back today in a significant way today. After huge gains over the past few weeks, this may be the beginning of a crash or it could just be a temporary reset. Some will abandon ship and move money out of crypto-currencies to take short term gains. To others this might be a signal for buyers to swoop in and take advantage of lower prices with their eyes looking toward long term gains.   

What do you think? 

Is this the beginning of a long-term crash or simply a short-term price correction?     

Image credits: Cryptocurrency Market Capitalizations https://coinmarketcap.com/