I believe the bearish market is not over yet, since jan the bears had a control of the market, hence we will have another leg down back to 3000$ and then hopefully we will have a bull run , this can last till the 2019, hopefully the ETF will be approved and we should have a bull run for that reason!
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The bottom was called at 3200 and now are officially out of BEAR market, I see BTC testing 8800 and 9000 zone again, if we mange to break that zone we are heading to 10k
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Right now bitcoin is hovering around 8k, if this region holds it will be the bottom of 2019, if it breaks we will see 6k as the bottom of 2019 and then rally in a parabolic movement again just like 2017 year and I believe this might happen in Dec and we will see 2020 with bitcoin above 10k and rallying since bitcoin halving will happen in May 2020, Buy any dip because we will see a generational buy followed big a massive bull run
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region 8k did not hold, and 7.3 broke so I only see the bottoms for bitcoin are 6.5 5.5 and 4.1 finally then pump, Buy those regions and hodl if you cant margin trade, because bitcoin halving will happen in may 2020.
I think this drop is a pedestal for future rise.