Quote from: kryptqnick on May 15, 2019, 03:57:14 PM

Quote from: kidbounty on May 15, 2019, 04:05:09 AM

now the bitcoin has reached 8000$ and the altcoin is starting to move up. can this survive or there will be another fall. can this be said that the bear market is over?

I think the bear market is over for a month and a half already. However, as much as I enjoy to see the price getting higher, I am more concerned with what's happening than happy. I was pretty sure Bitcoin would get stuck between 6 and 7 thousand something for a while. Instead, it only took a couple of days to reach $8k. This looks way too much like the 2017 case. The fees already jumped, people are trading a lot, the price is moving up too fast. I think that if it doesn't slow down, we might see another long bearish market soon.

I do not think so. The jump will be too much if it crosses above 10K which is still very far. As we can see, the price still has trouble sustaining above 8K. It keeps on sliding back when it reaches this level.