>>60608626
Its very likely the real thing.
1. there was a ton of fear and panic for four months while we dumped
2. the dump didn't take past the last range
3. we just broke out into a new range
4. the move from 74 to 110 most likely "corrected" with a sideways move to 97.
5. we are in a bull market
I'll be honest I would have liked it if we just made a higher low while retesting those lower prices like the mid 80s. But it looks like that just may not be necessary. Apparently there was very little long liquidity down there because so many people were scarred or bored and didn't long the move up. I think now even tons of people are still shorting but most likely leverage will stop moving the market now that the "real bullrun" is kicking off and people just ape in to buy and hold.
