i think a short term bull run is near where the highest price it can go is 7755 dollar , not more than that,and then it will fall again. the current support level is 6111 dollar and a better support level is at 5700 dollar as per my analysis, so btc will not go down below 5700 level for sure. i have done this analysis using trend lines , support levels , and fake breakouts consideration. My previous prediction has come out to be true as you can see in the previous chart of mine, i have just updated it a little today. i will keep on updating on this.
DISCLAIMER: I am not a financial advisory, this is just my personal analysis and opinion on current situation. do your own research before doing any investment.