That's all that's happening. We're entering a new channel. $4,200 was local resistance, expect that to become local support, probably actually around $4,500. The high end will be somewhere between $6,500 and $5,500, probably the latter. We will crab in that channel for several weeks before we crab up to the $5,500-$6,500 channel.
>If you haven't bought now, you missed the bottom. Ride it up to the next resistance and resume trading. Plenty of time to make up gains.
>We're not actually going anywhere until Q4. Then the slow and steady begins.