BTC is on Short term up trend?

[eaglewhite80]

No bro, I think 7k$ is highest and now it comeback down again and the price I want to buy BTC is 5k4$

$7k may not necessarily be the highest as the market is still proving strong below $6500 support and probably we will be able to push as high as $7500 towards $8k which seems like the highest we can go to me in the short term anyway. Anything above that apparently changes the sentiment of the bitcoin market to a bullish one, so I guess in time, we will see how the table turns or not.