Defining bear market by 15% or similar move is an attempt to be too precise and quick to judge.    15% can happen in a day is the Bitcoin Im more familiar with which makes me think trying to judge it so finely is going to lead to false conclusions.

BTC could pull back the entire month of October and I wouldn't especially believe it to be negative overall.  Price to me is a secondary indicator of strength it matters but its more of a reflection of strongstronger factors elsewhere, price.
  Price is decided in the market by bids and offers and if it just so happens on one day everyone turns the same direction then its a big sell the price will move alot but it doesntdoesn't have to mean more then any other price being correct or not, we can assume too much certainty in a price imoplain number & prices can be inaccuratevary in accuracy so context matters.

Defining bear market by 15% or similar move is an attempt to be too precise and quick to judge.   15% can happen in a day is the Bitcoin Im more familiar with which makes me think trying to judge it so finely is going to lead to false conclusions.

BTC could pull back the entire month of October and I wouldn't especially believe it to be negative overall.  Price to me is a secondary indicator of strength it matters but its more of a reflection of strong factors elsewhere, price is decided in the market by bids and offers and if it just so happens on one day everyone turns the same direction then its a big sell the price will move alot but it doesnt have to mean more then any other price being correct or not, we can assume too much certainty in a price imo & prices can be inaccurate.