With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above resistance to top out at $8,300. Altcoins are also having a green Monday as the bears are kept at bay for now.
https://bitcoinist.com/bitcoin-btc-price-bounces-back-above-usd-8200/It seems now that bulls are still not here. On the contrary, bear market is back again, I am afraid. Bitcoin price has declined harshly to 7500 dollars from 8200 dollars. I hope the price gather itself as soon as possible.
Were still in bear market, small pumps like that can't be considered as the start of bull run. Its just a normal pump since cryptocurrency is volatile.
As we can see the current market roday, crypto prices drop its price again, and anytime its price can increase a little again and it is a normal flow of the market, were still far away from bullish market.