Many of the traders still believe that BTC would see lower levels, but from the strength BTC has gathered during the last few days, it appears that they'll be proven wrong.
For now bears are filling up their shorts, there is a very strong liklihood that BTC will give a push towards the ATH within this week. It needs to be seen what reaction we get around the ATH to get a clearer picture. However, everything is pointing toward a bullish momentum and we may very well see a smooth ride through the ATH and a new ATH forming at a much much higher level.
Hang on tight and manage your risks accordingly. Don't be a victim of FUD, we have come a long way and we have to go an even longer way hopefully.
This is not a financial or investment advice, rely on your own research before investing in the market.