Price spike in BTC just about 2 hours or so ago. Price is now $7,191.60 US. The argument that a bull market may be settling in is getting stronger. If we reach 8200 in a reasonable span of time. Say over the next 10 days to 2 weeks that would be a good sign. If it spikes to that point in a few days, there is a good chance of a correction.
Keep in mind these are not predictions. I am just speculating on possible scenarios with the available data. Having seen the bulls burned over and over this year, I am guardedly optimistic. Meaning I am still not bullish.