When will the bearish market end

in #bitcoin2 years ago

I was thinking that the bitcoin price at $18,000 was the bottom, but I was wrong as the market have broken the price and even went as low as $17,100 , the current price is around that area and it seems the market is still bearish at that moment..

Now it seems that no one is certain of when will the bearish trend on the crypto market will end , most of us are just speculating and we are not certain about what will occur on the market..

So because of this , I think it is advisable that we should be patient and we should be more observant on the market and let's see what the market will do within the next few days , so we will know if the bearish party will continue or if it is coming to and end already..

I am believing that the $17,000 might be the major price support for the bitcoin and if bitcoin price do not close below it in the next 24 hours , then i will consider it as a strong price support and I will be expecting to see a bullish market in the coming days if that happens..


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