I think the bearmarket isnt done yet as we are fishing for a bottom.
But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range
Any thoughts?
Bearish market will might continue until the year end but I may think that it won't go deeper by $3k. Anyways, we still don't have assurance or indications that it will stop by then, but I'm still positive with that.
well, currently the price of bitcoin is stable at $ 3500. even though it looks stable, it is possible to decline even further, because we know that at the end of the year there is always a decline, and at the end of this year it hasn't ended.
Nothing is stable for now. We are still in a bear market and the market of course can still manage to hit lower values as time goes by. Like you have said, I would say there is simply no way anything has ended yet and we might still get to see the bears in further actions. There may be some little trend upward in the short term, but that does not mean that has cancelled out the bear market yet, at least for now.