Quote from: pooya87 on August 16, 2018, 03:41:03 AM

Quote from: figmentofmyass on August 14, 2018, 07:54:15 PM

Quote from: pooya87 on August 14, 2018, 03:52:45 AM

the bear market ended a while ago. this is just a residual effect and some people wishing it to continue some of them have the power to make it continue so they are dumping to push it down.

its waaaaay too early to say. how are you so confident the bear is done?

in any market, this whole $6000-$12000 trading range could be a bearish consolidation. i'd love to see things turn around, but by all trend-reading techniques i know, this is still a bear market. break above $8500 (higher high) and we can start believing otherwise.

because price has not been going down for a very long time now. it is now going sideways and mostly staying stable since the changes are still small with $6000 as their bottom.
this may not be a real trend but i call it the uncertainty trend which to me signals the end of the bear market and start of the reversal. and unless price goes below $6k i wouldn't change my opinion; which is possible with the ETF negative news being possible but has not happened yet.

If the price is trading too much stable then how can we say that there is instability in the market. I think that it is the sign that bitcoin price will very soon start increasing and hopefully the bitcoin price will this time cross 10000$ level very soon. we need to continue holding our bitcoin.