Quote from: jakelyson on April 30, 2019, 09:17:09 AM

Quote from: Pattart on April 30, 2019, 06:02:34 AM

Actually I think that bearish might be over because we don't see the decline that often happens, in fact the price sometimes rises quite
high, but sometimes prices also fall a few percent, maybe the bearish is over, but bullish isn't at all come

The bear market is practically over. Even after the bitfinex scandal, bitcoin price slides only a few hundred dollars. If we are still in the bear market, this kind of news will hurt us very badly maybe a thousand dollars price slide or more. But it does not, so it means the bull is strong enough the put the support above 5000$.

Support at $5000 is not the biggest support at this time because it can be broken anytime if there are bad Bitcoin related news. I have been analyzing Bitcoin for the last few days and it is likely that Bitoin will fall at $4700 this week or longer and we will soon face a downtrend during this time so if you are holding any altcoin, consider selling because things will soon get worse