Bitcoin has gone from $55,000.00 to $62,000.00 this past week. That is a price increase of $7,000.00 in seven days. So are we back into the bull region? That is actually an impossible question to answer. If we look at recent trends we can see nothing is stable in Bitcoin, it can just as well go up as go down.
What did I say there? Apparently nothing, but that is the way of crypto, volatility. I don't think anything is predictable in this market. Now I do expect it to go up from here on and top $100,000.00 but I would bet nothing on that.
With crypto you just have to be happt for the moment and hopeful for the future, but never sure. I certainly hope it continues the recent trend.