I just checked the preev price, and it's at roughly $6000.  Did it actually get to $5500 while I was asleep?  OP was written just under 12 hours ago. 

Watching bitcoin's price can drive you batty, and I wouldn't recommend doing it obsessively.  I can't imagine how often the whales check it, or even those people who own more than 1BTC even.  It must be like watching a stock that you own a lot of shares of, but you can get to emotionally invested in it as a result. 

Don't know if the market is bearish or not, because it just seems to be jumping up and down, which it's done before.  I thought we might've gotten on a good bull run when we got above $8k, but it looks like I was mistaken.  Too bad, too, because everyone has been waiting a hell of a long time for something like that.