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. 
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. 
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.
