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The bull run hasn't even started yet. This is just a manner of consolidation where people are entering positions in anticipation of much larger impending market movements. Once we pass the previous ATH, then the bull run will begin. Hopefully by EOY we'll be well past the previous ATH. Maybe that's overly optimistic, history would put it closer to Q2 2021, but I certainly wouldn't be surprised if we do pass it before Q4 2020 because of the nature of network adoption.
Time will tell. $80 won't be rejected for very long.