IMHO - bottom is not there yet. (Thread to be continued.)
Just an idea for later reference. Nothing conclusive yet.
This begins to look like re-accumulation - still unconfirmed, but looks pretty strangely like what we had after Jan. 08th this year. Until this is confirmed (significant break above $42k - like in the bar shadow from Jan.) we must assume we are still in Phase E of the previous distribution trend - we can however assume that the resistance at $42k will be much more...
It seems we are in the midst of a larger reset. BTC looks like a text book for Wyckoff Distribution right now: school.stockcharts.com I'm still bullish on the long term.
If DOT can bounce from the fib trendline (green circles) there is a potential for a big swing upwards until mid-march.
DOT is still building momentum and has potential to reach 21-23€ ($25-28) in the next 6-12 days - of course this depends on BTC not making any strong swings, but currently it seems like it is still consolidating for the time being.