Bitcoin is bearish trend now.

[Zach707]

Bitcoin still on bearish trend. Until it cross 8900$ for me still bearish trend. Up to where it will go down no one can say exactly. Might be down up to 7500$ to 7K. But if cross 8900$ then Bitcoin will bullish trend and price will increase rapidly and recover itself.

The bearish trend now is maybe cause by manipulators who want to gain profit of bitcoin. I think one of the modus manipulators are doing is spoofing, entering orders and later cancelling that orders in an attempt to shift the valuation of an asset.

[1714899969]

1714899969

[batang_bitcoin]

I mean right now, 4000$ doesn't seem like an option but always remember FUD and bad news can change that very quickly, I personally think this time we are going to see a higher low, around 7k and just bounce from there and test 10k again.

If bitcoin touches $7,000 there will be a lot of panic for sure.

But again we have to wait and see the test until bitcoin goes straight again moving forward up to $10,000. Holders like OP shouldn't worry with their money or better they have to leave the market and get back on it again when it's healthier.

[laluna24]

Bitcoin still on bearish trend. Until it cross 8900$ for me still bearish trend. Up to where it will go down no one can say exactly. Might be down up to 7500$ to 7K. But if cross 8900$ then Bitcoin will bullish trend and price will increase rapidly and recover itself.

The bearish trend now is maybe cause by manipulators who want to gain profit of bitcoin. I think one of the modus manipulators are doing is spoofing, entering orders and later cancelling that orders in an attempt to shift the valuation of an asset.

I think this bearish trend now will continue once no improvement of value. Well, manipulation always does exists they are always very active in the market. Hoping we will see a good trend and a bullish trend in bitcoin.

[gilangIDR]

Bitcoin still on bearish trend. Until it cross 8900$ for me still bearish trend. Up to where it will go down no one can say exactly. Might be down up to 7500$ to 7K. But if cross 8900$ then Bitcoin will bullish trend and price will increase rapidly and recover itself.

Bitcoin trend is always changing and now bitcoin is experiencing a significant downward trend compared to last month. Some people must experience panic and fear because they fear the price of bitcoin continues to decline. But I have a sense of optimism, I am sure some time back bitcoin will return again on a positive path. It's all because bitcoin will be increasingly in demand by many people.

[rommelo24]

Bitcoin still on bearish trend. Until it cross 8900$ for me still bearish trend. Up to where it will go down no one can say exactly. Might be down up to 7500$ to 7K. But if cross 8900$ then Bitcoin will bullish trend and price will increase rapidly and recover itself.

The bearish trend now is maybe cause by manipulators who want to gain profit of bitcoin. I think one of the modus manipulators are doing is spoofing, entering orders and later cancelling that orders in an attempt to shift the valuation of an asset.

I think this bearish trend now will continue once no improvement of value. Well, manipulation always does exists they are always very active in the market. Hoping we will see a good trend and a bullish trend in bitcoin.

Yes the bearish trend will continue once there is no support on a certain range but i think it would not going to happen. I think there is a support at $6k level so that it will not go beyond that value.