Because whales are already buy handful of Bitcoins. So there's no other reason for Bitcoin to fall now. I believe that whales created those FUDs which made the market very weak for months. It just shake out all weak hands and panic sell their Bitcoins. It's good though. We have opportunity to get some of it while it's very low. Now we see Bitcoin is moving up and the recovery is very fast. Im very optimistic that Bitcoin will reach at least 10k by August(if there's no huge FUD to scare people). There's no way that is a bull trap.
it is true that the end of this bitcoin is experiencing an increase in price, but it is still far from the final price of 2017 yesterday, but I still believe that bitcoin will be able to recover more than last year's price.
No, it's not that easy to achieve in just short period of time. But this sign is good tho. I expected that Bitcoin will recover atleast the half of it's all time high. Just don't expect too much. So it won't hurt that much when it didn't reach or surpass it all time high.