Bitcoin rose over $1,000 in a quick succession over three days, this particular movement is a clear demonstration of market manipulation. Moves like this aren't a reflection of a healthy market and cant be sustained. I believe investor/companies with major control of the market have achieve their goal of manipulating the market and forcing investors and individuals into believing the bullish run has finally began.
Price saw a clear rejection around the $7,600 region, although we could potentially see a small push closer towards the $7,800 region before we see price dive lower. I believe after the huge market manipulation over the past week, we could see price plummet back down towards atleast the $6,800 or even as low as $6,000.