Post
Topic
Board Speculation
Re: Why the Crypto Market Remains ‘Moderately Bearish’ in 2019
by
clrpod
on 11/01/2019, 12:20:12 UTC

bearish would have been if price of bitcoin went below $3k not when it is pretty much the same as it was before! fluctuating within the same channels.


Just because the price didn't break that support level yet doesn't mean the market is overall bearish. It may not be bearish for the last month or so we've been stuck in this range but for the last year the price has been trending downwards. Until there are 2-3+ months of growth the market will and should still be considered as bearish.