Hmm.. Why does BTC look (in simple chart terms) strong

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Is anyone thinking, after all this bad news, the fact that BTC dropped as it did (is this not healthy looking to anyone else??) It bounced off MA's/bounced nicely. Conclude, were mostly still holding! I hear the Bitfinex news was "old news"? Yes? Not sure, I had tether concerns from soemthing I heard a year or so ago, I wonder if this was it..

Whatever the case, I am not going to be surprised to see 5800-6k before we go lower. Charts fine after yesterdays mess, more money flowing in. 5800??

What are your thoughts? Thanks!
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obviously if it breaks red line (or ~4900$ region) without strong bounce, lower levels may be expected.. How many times has BTC been at 4700$ for an extended period?! Haha (jokes, idk!).

Im still leaning towards seeing higher before lower. This is my opinion, dont trade off it, give a comment on it to open discussion! Thx :)
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Tell me this whole run is going to come to an end? IE--- BIG drop to 4200-4600. Seems very unlikely to me, when BTC gets on a roll like this, I (again, no evidence) believe its on a role. Were not getting honeypotted at 5600. 5800??

Please share comments!
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