https://www.forbes.com/sites/chuckjones/2018/04/22/bitcoin-continues-rebounding-after-april-17-tax-day/It seems as though Bitcoin has remained at the heels of 9k even through all the doubt surrounding it. There is a lot of resistance currently at 9k as many have their sell orders set at this point. Bitcoin ha actually touched 9k for a short period of time before the sell orders brought it back down. As long as it keeps this pace there should be no doubt that a bull market is in the near future.
Good Luck Traders,
The Elysian Team
BTC has broken the $9k barrier quite decisive at the moment.
I wouldn't just to conclusions just yet and say that bitcoin is going to jump into a bull market from this point on, because we have no idea whether or not this will be sustained. Since prices rose so quickly and by so much I'm leaning towards this being a short term pump that won't result in an actual bull market.
I just don't think that bitcoin has consolidated long enough for this to be the start of an actual bull market. 2014's bear market lasted for more than a year before the prices actually bottomed out. I think we'll have to wait until at least Q3-Q4 of this year to see prices bottom out and consolidate fully.