Bitcoins value has declined again for yesterdays price as it came to 6251 US dollar price from 6500 US dollar which shows a decrease of 250 US dollar. Increase in value is important in the current conditions because people are going towards panic situations as they have no patience to stay here in this long term investment which is needs from us to wait while the price increases and give you profit.
I do not see where you saw the price declining. So far, since yesterday, after the bears were rejected, and then we saw a huge bounce, the market has really been holding up, so I would say probably the short term bullish sentiment in the market right now is looking pretty good at the moment. Definitely, this does not mean we would still be able to get above the resistances most especially at $7k yet, but I guess we still have some number of days to watch how that event would unfold.
only a new ATH will confirm the persistence of bull's dominance. Without that, I am not ready to enjoy these time-being short-living bull's actions.
We do not need any new ATH, just prices above $10k will confirm the return of bulls. For long term holders, just upward movements will give excitements whereas traders who bought at over-bought zones must need to wait like you have mentioned. No other go.