So looks like another bubble has popped and BTC is taking a nosedive dropping from 11600 to 9700 a mere 1900$ in 3 days. How long does a bear market normally last? I'm expecting atleast the full year, can it take longer?
It seems like a bubble perhaps but i think the banning of Bitcoin in some other countries are the main reason. FUD usually did a huge effect in the market since some people are buying it and i found it normal in a daily basis. Bitcoin should recover its price very soon once there's a good news about of Bitcoin coming. As of today more bad news are coming and it is not helping some of the investors that's why we should've hold it yet.