So the question is how many people are gonna wake up and see their limit orders filled and want to cash out vs. how many are gonna turn bullish?
A whale dumb enough to give away $150,000 is not going to buy back in lower, but may buy in higher in a few weeks.
Indeed, if we look at the charts and events there is enough reason the be bullish now. 530 tested 3 times in the past and did hold. A 10k dump didn't cause a panic in the market and price is almost recovered. NeoBee launched today ( very big news ). China trading 20 dollar higher again with decent volume.A whale dumb enough to give away $150,000 is not going to buy back in lower, but may buy in higher in a few weeks.