We've went up to around $13k before going down a bit again. So for me it's clearly a sign of the bull market that is coming up. This pullback is only normal but the price is still up around 20% from the year low of $9500 or thereabouts.

There is still doubt within the market about whether this is going to be a legit pump or just a trap for bulls. And it's not that much of a dump anyways.

Seeing right now, i think it's safe to say that the support level is still at around $11k, up from $10k just a few days ago which is good news. The next pump should shift the support from $11k up to $12k, and the price may go up to $14k+.