Six weeks of flouncing around have done little to burnish bitcoin’s myth, let alone stoke cryptomania. Its deep-pocketed sponsors surely realize that there is too much supply between here and $60,000 to attempt a half-hearted short-squeeze that would probaly fail, creating yet another troublesome layer of supply.  Better to bide their time for as long necessary, waiting until the environment is right to suck in enough rubes at lower levels to trigger a buying panic. That’s why I think BRTI will fall below $30k and stay there for a while before we see the mania revive. Regardless of what I think, if a wilding-spree-from-nowhere should push this hoax above the 42,577 ‘external’ peak  recorded on May 20, that would likely suffice to bring back the crazies in droves. ______ UPDATE (Jul 9, 5:11 p.m.): Make that seven weeks of flouncing around. Zzzzzzzzz.