We should not rejoice yet, but the current increase is a good sign that it might increase. You know, a market that had fallen so much would have the time to take a breath (retracement), which is why we should observe now, rather than decide. For me, just like I replied in a post some hours ago, it's all about $$107,370. Bitcoin has created a quadruple bottom at that level, so if it keeps holding above the level, there is a high chance that it will return higher. But if it breach this level lower, it will certainly visit lower level in weeks.