So the next guy that yells BTC will Moon Again, ask him/her , who is left that is stupid enough to throw their money at it,
when it has already wiped out the financial future of millions that believed in it like a false religion.
Millions? You any proof or data to back up your claim? Becase I'd say the number of people who invested blindly in bitcoin with money they couldn't afford to lose is pretty low, and tbh, anyone who decided to mortgage their house or whatever to buy bitcoin deserves to get burned, I mean, that's what you get for being that dumb.
Prices are Crashing with little incentive for anyone to buy them , as everyone knows the price is going lower.
Good thing that this downtrend won't last forever, once there's a reversal we're gonna see a huge wave of FOMO again, it's all a cycle.