Oh boy. I wouldn't celebrate just yet. This just might be a dead cat bounce. It's really just too early to say where the prices is going. The sudden bullishness of everyone actually concerns me. Feels the same when we rose from $6000+ to $7000+ in August-September but immediately just dropped back down.
Don't get me wrong but it feels like another bull-trap is building up again in here.
![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
There are a lot of people saying that Bitcoin already hits its bottom and they are hyping on social media and other forums related to Bitcoin/Crypto Currency, but just like what you have said it is too early to celebrate at this moment because it could go sideways anytime. But I do hope that we already reached the bottom because the bear market is quite too long for now.
![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
actually there is no way you could tell what
this is. it may very well be a "bear trap" in a different sense as with a little up and down to get people to start shorting and then shoot up to crush them all.
although what i think is going to happens is that we will start seeing price slowly creep up and then see a sudden drop to flush out some bot orders and then reverse back up and shoot above $4k resistance.