Is it a short break for bear market?

[AishwaryaDas]

I thick it's just a short break for bear market, it just continuous a while.....What is about your point of view friends  ....Suggest 

[CryptoboyRamesh]

You do not have to think if it is a short break for bear market if you are a holder, hold bitcoin for long time period and see your coins worth to increase in value in 2 or 3 years to come.

For traders, they are not much concerned about bear or bull market, they trade in the direction favoured to make profit in short time period. But it can be other way, in a way losses would result instead of profit.

[Review_Master2]

I thick it's just a short break for bear market, it just continuous a while.....What is about your point of view friends  ....Suggest 

I guess I am a bit confused about the market movement now since the chart line does not move too high or too low. I will call this a sideways moment which makes the price not moves too much. But we can wait for the next few hours and hopefully, the price will move drastically, whether the price will go down or go up. It is better not to do anything except wait for the market so we know what we need to do because this situation can trap us into buying on the wrong side.

[indianCrypto]

The bear market is not over so short break or not, it is how you call the latest bounce.

I could be wrong but I think the price we see in last few months is similar to $6k range in 2019. After that Bitcoin has another 50% drop to under $4k in March 2020. I expect to see a same one from $20k to $11k or $13k. In market psychology, it makes sense to wash out all weak hands.

It could occur or not occur but if you are investing into Bitcoin, with a good mind, long term, any price from $20k to $15k is very good to buy in already. Don't find the bottom.

[WarrenBevan]

How do we know that cause there is no end for market movement so we should do proper analysis before starting any trade. Some of my friends using TP Global FX broker for trading major pairs since they takes zero fees from there.