People said we broke the december down trendline but everyone is drawing it from the december upper wick down
If you ignore the wick this is what you get:
BTC seems to be reacting to it now and this would mean the down trend hasn't been broken yet.
Thoughts?
If you ignore the wick this is what you get:
BTC seems to be reacting to it now and this would mean the down trend hasn't been broken yet.
Thoughts?
The real answer is that we dont know if we're out of the bear market or not. The prices have slowed down a bit recently but the prices could spike to 10k+ (for btc) any day now. They could also tank down back to 7k and even lower in the same time frame. For us to be out of the bear market were going to have to see big gains over the next few weeks in order to reignite the hype.