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Bring the fear back into the market :) that's what i would like to see.
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Alternative scenario!
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Bearish scenario invalidated, but alternative played well :)
yes makes sense but its 100% TA which is not good because if you dont know how the price is being manipulated by miners dumping huge huge bags of btc and shorting the market then you know this bearish divergence is just a consequence of that... if we had normal market behavior it would be a bullish divergence. That said, a 40% pull back is possible but I think it wont be now, rather at a higher price point in a few weeks.