@hypheonix, Hi, it seems so. However am still hesitant and tend not to jump the gun.
I think because a lot of ppl here are saying it is bullish drove the price up but not for long(we need big players).
an uptrend is confirmed for me above the 9400$
@harragDZ, Hey so I think a lot has to do with market sentiment. So if we're looking at social indicators for BTC right now there's a lot of Bullish momentum coming up in the news. As much as we all like to think crypto doesn't operate on Mainstream media, it totally does, lol. If I were still seeing a bunch of fud like the past month I could believe another drop to ~6k but with all the governments starting to back off it's looking like the opposite.
@hypheonix, totally agree. I like the idea of a social indicator. maybe I should develop the SSI (social sentiment indicator) which take the news coming from different sources. Weight if it is positive or negative using machine learning technics and give a value between 0 and 1. 0 very negative sentiment and 1 strong positive sentiments.
What all your bears are forgetting is, people don't want to sell now after the postive Senate metting : Others who took in Tuesday's hearing highlighted another cause for celebration: that both lawmakers and regulators seemed to agree that cryptocurrencies are here to stay : https://www.coindesk.com/bitcoin-crypto-us-senate-hearing-february-2018/
I would be very carful shorting now