We are still in a bear market and I see no solid reasons to indicate otherwise. $166 is not very far away.
We've chopped around in the $200s for quite some time though, extra resistance has been created vs when we first went below the $200s. Also more time has passed, we could be in a bull market just as easy.
Nahh man.. This is still a bear market. We failed at $300 time and time again, failed at breaking the $315 which may have indicated a bull market... Since we hit $305 we have been making lower highs and lower lows... This is clearly still a bear market and $160 is not that far off like Enjorlas.
We have a few more levels of support left but most have been broken...$
282 $265-70 $250 $230 is next and I expect it to go some time today or tomorrow.. After that $210-15ish will be the next support, and if that fails its gonna trigger a freefall mode and $166 aint even a support so who knows where it may land..
In the mean time Im shorting btc and hoping to make some serious money doing so!