Probably this is the second wave of the bear. From what I can remember last time there's three batches of it and some experts told that after that 3rd wave that will be the rage of bitcoin moving upward. This is base on what happened during the mid of 2017 but it's still applicable I guess since we are giving different points and TA's here. My primary suspect that cause this bear is that because India is closing the bank accounts of the exchanges there so well as an opposite reaction there are misinformed people who taking that negatively and start to sell. Glad to see this bear being stable at $11,000.