Bitcoin since touched $5800-6000 area has not really clear to many if we are in bull market or it just a mere run to make noobs or newbies FOMO, and looking at it TA which shows it has not been on same lane even with FA but many says it's manipulation and crossing $5800 area below has been a major support but many think it should break it, so am wondering if we are getting close to bull market or we are just in swing market for now.
I'm not sure which price charts you have been seeing, but bitcoins had touched a low of 5500 a while back and post that it has maintained itself above 6k. At 6k it has formed a resistance level and has found decent support, the past few days price has remained above 6.3k which is a positive indicator. I don't think this price hike will trigger any kind of fomo, we're no where close to a bull market there're positive indicators, but we're yet to witness any signs of a bullet run.
