Bitcoin is NOT in a bear market (yet).

I use the 20 month exponential moving average to determine whether or not a market is bearish or bullish.

Bitcoin is still the undisputed king of crypto, so as long as it is clearly bullish, I'm staying bullish in my long-term outlook on the entire crypto-currency market.

The price of BTC/USD sits comfortably well above the 20 month EMA at around 5,400 and On Balance Volume on the monthly chart is making higher highs and higher lows. Everything else is just noise, great for shaking out weak hands.

Also, looking out over the altcoin landscape there's really not too many coins left that isn't sitting at depressed pre-pump levels from before December 2017 (most even far below that).

I'd say it's hard for prices to go anywhere but UP from here but WHEN is impossible to forecast.