BTC has recovered from $3200 to $3700 in few days and shown recovery of $500 is it a reflection of bull run because it has a stronger base near $3200 level .
Even so this is still uncertain if the bull run will occur at the end of the year, because it could be just a trap to fall deeper.
Considering the new year and christmas is near, if logically most people will sell their assets for their needs.