but until now, it hasn't happened, i'm not counting random sub 200 on one exchange only, those are heavily manipulated to cause a even more heavy panic dumping
the more the 230 value will hold the market the more you can stay sure that we won't fall to sub 200
This is an obvious delusion. I would rather say that the longer the price stays at some level, the more momentum the underlying asset acquires when it finally begins to move (i.e. the stronger the resulting price movement will be)...
Whether it will go up or down remains to be seen, though
it's not delusional, it's a matter of perspectives and point of view, these are all guesswork...