Post
Topic
Board Speculation
Re: Is the bearish road over?
by
STT
on 05/04/2019, 17:25:08 UTC
The bear market has clearly been over since December. That's when it recorded the lowest price of the bottom, it's been pretty clear for about a month now that bitcoin wasn't gonna go lower than that. And now the bottoming out process is over too as bitcoin just broke out of the 4.5 month bottom. Bull market has just begun.

It wasnt clear in December, it was still very muddy waters.   Its become a bit clear since February there was some trend upwards.    I think the bear road continues and people will be gloom after a fall after now anyhow.
The reason I say bearish road is not over is because price needs to combat, overcome and then confirm above 6,500 or so.   Thats a long road, coming much closer like this is good prospect but this road is block with debris that much be cleared and this takes more time then many anticipate