Quote from: Japinat on July 17, 2019, 06:00:21 AM

Quote from: 97percent on July 17, 2019, 05:05:04 AM

The bear market has ended and it's been time market pumping. However, that is happening now the market is back down even though the price of Bitcoin is still very high. I hope that this storm can be quickly passed and the market is back pumping. To face the current market situation, you do not panic and do not rush to sell coins.

We cannot deny that, the market is really looking bearish now but it's not bearish I believe since bear means the downtrend is here for a longer time, the dump of bitcoin price might not last a week or weeks because it will again recover, but if it will last for weeks, maybe sad to say we are back in the bear market.

If the market will still recover in the near future I don't think there will be a big decline like now, if the price of bitcoin is at least able to survive at 10k then the possibility will recover quickly. But what is happening now is that the decline continues, which seems like indeed the bear market is not over, I just hope this decline doesn't touch 6k, because if that happens I'm afraid the price will fall even deeper.