I think some people are just waiting to see what the market is going to do before buying. They will eventually decide it is not going down any more and then jump in and another rally will begin. Or someone will dump and they will jump in and then keep the price at about the level it is at now. I think the fact that we have seen a few dumps already without affecting the price too drastically is really bullish and shows there is some great support in the 750-800 range.
+1
Plus the fact that after the $480 low, some might have thought that it's too risky to let volatility ruin their future... Think about it.




