Right now the price is under 7300$ and earlier was over 7500$, we can't be sure 100% that a bull run already started, we need to wait more before bull run in my opinion.
Well, I agree, but since the premise of the question is if it has started, then I would say that it is. That massive gain, which it got only in a couple of days to a week is, to me, an indicator that good changes are about to happen. What's I am actually hoping for is the sustenance of that gain. Because, as we all know it by now, these gains tend to go for only a short while, then sadly but realistically, the down pour will be drastic as well that it will lose what it had gained for the previous weeks or months even faster. With that said, I think, now is a good time to plan ahead, whether to invest or to keep an eye on the gains with the plan to trade your coins out for cash once it reaches its optimal value.
Now all the traders and investors are in confusion, like who ever have bought in low thinking of taking profit and new user is getting afraid to enter now because if the market move down then. So i think in this weakend we can know the status but in my calculations their will be short-term profit booking and market can go low and after that it will move up so that weak hands will sell off and then market will move up.