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RE: Is bitcoin going into a bear market.?
It will 100% hit 10k. There is no question. Following trends, Bitcoin has dropped 30% 7 times in 2017 alone. Add on top of that competition ramping up, hardforks and you have massive drops.
Yes it will go back up, but the market will take a week or more to recover. A lot of people are predicting mid January for a drop. We shall see!
true but we didn't had the scaling issues then, the drop from 19K was due to scaling issues.. this need to be solwed before we can break 20K.. maybe lightning is the answer..