In the last post I mentioned in my personal opinion that bitcoin looked like there was some signs of weakness. Also bitcoin broke its september low of 39.6k. Now the question is are we in a bear market now? The fact that btc broke its main support of 39.6k is a big indicator that could mean bitcoin could enter a bear market. However we cannot rule out the fact that anything is possible. Can it get back above 39.6k? It can, but as far as the KDJ indicator and the MACD is showing. There is still some correction to be expected. And only if the KDJ crosses than we can expect a big move. If btc falls below 38k, expect a very long bear market.