We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
So the new bear is at the $30k level? I don't think so, I'd like to believe we are still in the bull trend and the market will eventually recover I sum it up that the months of December is the month where everything starts bull or bear market and we are still halfway this year, let's first finish the year and decide where we are at.
So you are still thinking that the market is bullish! But I don't believe the market in a bullish trend if it can not cross and stay above the 43k level. That is the psychological resistance level that must be broken to get control over the bull. I think there should be another correction to the 25k level before another bull cycle starts. Let's see how we end this year.