Two reasons @colinbrazendale, fundamentally I don't thing we've attained the point of maximum pain characteristic of the end of market cycles yet and I don't see a lot of strength n this bounce so far. Technically $5700 is a major area of interest in terms of volume profile, I've written about this in my latest blog post: https://steemit.com/cryptocurrency/@tradealert/bitcoin-market-how-high-can-we-bounce