Up trend on BTCEUR is still in force. Break below the precious low will change the pattern but that does not mean we are having bearish trend. Buyers are still sitting on the previous low with full force any pullback upto 786 on lower time frame will give us a buy opportunity.
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Bubble does not look like that. In bubble market price always rise correctively not aggressively.
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Watch for continuation to the downside for short term.
@Tom1990, That means...? Im one of the 5%, meaning I dont count?
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@vibestone, It means the EUR market doesn't dominante the bitcoin price, it accounts for about 3,9% of total BTC volume. USD and JPY determine the directione of the BTC market (source: cryptocompare.com/coins/btc/analysis/USD). I'm also from the EU, don't feel bad, we still do our part even though it isn't much.