Considering the fundamental economic law of supply and demand I don’t see how anyone could be bearish right now? I wonder if the price has something to do with there being enough paper bitcoin out there to manipulate the price? If that’s the case my next question is why would the holders of said paper bitcoin be interested in suppressing the price? After that I put on my tinfoil hat and speculate that perhaps the collective vested interests of centralized power are doing whatever they can to slow down a train that can’t be stopped. Maybe the European Central Bank and their minions ie: Canadian government, WEF, holders of massive amounts of U.S. debt, the federal reserve, certain large US brokerage banks and other entities that are close to the money printer and interested in perpetuating the fiat paradigm are the parties responsible for said price manipulation? These entities are the only ones that stand to gain from bitcoin’s failure. Ultimately I guess none of it really matters as this world is subject to forces beyond human comprehension. That being said I’d like to see a world where bitcoin was money, I believe it would be a more just world.