We may have gone too far these past weeks/months but I wouldn't go to a conclusion and say that the bear market is now over because we are still far from our last All-Time-high. Therefore, if I were you, I would withdraw my words now and I will only say that we are now in the bull market once we touched the $70k level. Even though a bull market can also be caused by different matters, what have helped the price to get this point is the news which can be still be considered positive even though some of them are fake news or rumors only about the approval of BTC spot ETF. BTC can do wonders. You will know that if you are not new here anymore.
Good analysis from @Woodie, and I also refer to the predictions he conveyed, such as the graph attached above, what you convey is correct in terms of BTC's potential increase will exceed ATH 70K but will the Bitcoin ETF rumors in the future which are often discussed we will look again? the price is jumping strongly or the trend will return and fall because so many people are waiting for this decision.