My thoughts are if the price can't crash downwards it will crash upwards first

but........

I am betting that by the end of the year bitcoin will be worth just $60

(betting nothing though)

nobody is going to be willing to keep millions of dollars on the exchange if the price isn't going up adequately (and is in fact going down)

it's too risky to keep a lot of money on I think.

I'm a bear now.