too many people are bearish for the price to crash
I disagree. if too many people
were bearish then the price would have fallen already. people say they are bearish and wish for the price to fall but they do NOT sell. bearish people sell. don't look at shorts, they are mostly from newbies who are gambling in the market not traders. and gamblers are always making lots of bets like this and they don't affect the market. the only ones that affect the market are those participating in it with their sales and buys not bets.