Bulls jaded by previous high, bears gaining confidence, BTC down

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Bulls are jaded by the previous highs, 7.5k rejection has killed the party. Currently setting up for a 6.5k rejection on a daily head and shoulders with a rising wedge that will be rejected to the down. Bulls are tired, and ain't no-one excited to shove another dollar long in this baby.
If it wasn't for the Bulls living on a little 'hopium' leading up to the SEC 30th Sep ETF Decision, then I think we'd have already spilled to $4,800
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