It's simply in the title. This is an ugly chart. I've been watching it fail for quite some time now as I have been told over and over again, "this is just the beginning" and "to the moon" just like was said with AMC and the meme stonks. In order to change my mind we'd have to clear and close above 42k with some excellent volume at the break of it. I don't see that in the cards.
Party is over. This was a product a froth and speculation --- not a safe haven trade.
Party is over. This was a product a froth and speculation --- not a safe haven trade.