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RE: Go Home Bitcoin! You're Drunk!
The talk is starting to turn to "maybe next year" for bitcoin (and 2021) and "maybe never" for some alt coins, so yeah it may be a bull still chart wise, maybe, but sentiment wise it's getting mighty bearish out there again.
Haha, I know right... but then it's like...
Wait... Isn't that a good thing?
If everyone is bearish... and they are wrong, and Bitcoin spikes above 10k and everyone flips bullish... could get pretty crazy. It all depends on how much support we have at this level.
But it looked like we had support at 9k, then 8.7k, then 8.6k, and now we are at 8.45k... so everyone is just like fuck it we don't have support. At the same time I would have expected at least a couple whales to dump the market by now. I find this current state of affairs very very odd.
Yes, its frequently gets really light when everyone is saying its just too damn dark and never will be light again.
I agree, It is strange out there. Rallys just leak away. Its mostly really dull and bitcoin doesn't do dull well. But "I'm bored, might as well sell." can't explain the action either.