I guess there are plenty of parties who want to dump their stash, which is why everytime we saw a solid support it was broken down...
We all agree the current price is not accurate, but a pump will be hard...
there is always a time for everything.
so if the pump happens right now there may be some dumps because some of the whales weren't ready for it.
but if it happens when everybody is ready and satisfied with their amount, it can go to the moon easily and stay there just like the rise from $400 to $600