Is bitcoin a Ponzi? I don't know. What I do know is that it's going for the fractal breakout line at around 7750 and then it is highly likely we see us going down further.
The beauty about the market is that SHE has a mind of her own and she's not going to be happy until people stop pulling HER into all directions. This makes her moody. What if someone was pulling your hair up as well as pulling your feet down? (Consensus)