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RE: Bitcoin: Is the bear market over?

in #bitcoin6 years ago

I don't think we are out of the bear market. Probably this pump came from USDT. If BTC break over the 7000 then, I will believe​ we are heading towards the bull market.

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I think $6900 and $7000 are two important next steps but before that we had to see this pump so I hope and think this pump is part of the transition from bear to bull. That transition aint over, but we are walking down that path.

But you are right, USDT is a major part of the fundamental analysis of why this pump occurred, as is Bitmex leverage trading, but again, whatever the reason the TA looks better today than yesterday, and hopefully better tomorrow than today. :)

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