RE: Major key support is broken

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Major key support is broken

in cryptocurrency •  7 years ago 

Once again thanks @srezz !
Bear market it is?
If not, what are the characteristics/signs that you would see to call a bear?

cryptocurrency
7 years ago by

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      ·  7 years ago (edited)

    It depends very much on the time frame. Hourly and 4H charts, - yes it's clearly a bear market. But day and weekly charts display merely a correction. The entire crypto universe has gone way ahead of itself and to have a healthy organic growth I'd very much like to see Bitcoin to get back to around $4K.

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