Well, according with my technical analysis, this is another bull trend. Yesterday, it already broke $5k and today is also a blast for the bitcoin. It bounce up to $5k. If you are going to look at the chart and indicators, it is still going to run bullish. Another green candle is showing.
We can say that this is another bull trend but the truth, we still don't know. Meantime, the green candle still left in the market and still trying to break $5000 again so we could have more chance to see the price will be back to $5000. But it seems, the price is more like sideways right now because the price does not increase or decrease too big, so we need to be careful.