I'm giving bitcoin few more hours to cross $7750 at least, if it doesn't cross that within a few hours, I'm declaring this bearishness "serious" and it could last longer than we expect. This announcement of Bitfinex should've proved to be more bullish than the output we received till now.
But serious question though: why would you consider this bullish?
1. Bitfinex is considered one of the shadiest exchanges
2. The Japanese have their own exchanges
3. We are in a downtrend. Even positive news gets ignored.