The fact that some of you are so emotional, calling names to the people that share bearish analysis, is just a proof that the market is fearful, or very anxious at least. Its like you think that us "bears" only want the price to go down. You are mistaken, 99% of the people in here wants BTC to grow, we are just acknowledging a trend and acting accordingly. Since April 10th, the trend is down - and its still is.
The long term trend is up, and one of the things I've learned about trading is that it's usually better to follow the long term trend. Following the short term could leave you burned badly, but also give you great profits if lucky. Lucky being the keyword here.
