If it looks like a bull trap, smells like a bull trap it is probably a bull trap.
History does not repeat itself, but it rhymes.
Last burst, most people expected Bitcoin to die and never to come back. This time, everyone expects a 3rd, and much bigger bubble than the previous 2. If this really is a dead cat bounce you may loose 60% on the way down. But if you sell off right now and tomorrow Cyprus 2.0 happens in Malta, or possibly in Spain, you miss the train.
I rather risk a loosing half of my gains so far before I watch Bitcoin racing into 4-digit land without me.
Lets see what news have for us our "beloved leader", Mariano, el corto, Rajoy in the next few days. Spain maybe wake up and move money to Bitcoin.