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.
Well, then we should stop spreading negative news so that people will not be in worries especially those who are new to crypto. We should hold now in order for ths Bitcoin to increase. Bad news must be stopped and we should make this as opportunity to buy coins while it's in dip.