On Jan 11th BTC peaked to ~49k and then on Jan 23rd it fell to ~38k that was a ~19% drop, right after that everything went up and all alt coins gained 50% or more.
On March 14th BTC peaked to 73777 and then upto March 20th it went down to ~60k which is about ~18%
Based on that pattern I think all the longs have already been washed off also the fact that a few more dips to 64k and 66k happened again shortly after.
This makes me think that no more dips like that might occur again, the bottom has already set in.
It will soon go upwards from here.
Note Jan is when ETFS got released and in March Grayscale dumped 1b in a single day due to the offloading of genesis bankruptcy shares.
The air has cleared now for the continuation to start which is also indicated by the 2 hidden bull signals back to back on the daily chart.
Shorting here may not work anymore since all the longs have already left the stage.
Lets see how things go further..